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28th Mar 2024

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Almost 8m Ukrainians forced to flee homes

One in six of Ukrainians — 7.7 million people — have been forced to flee their homes since Russia's aggression began, the International Organisation for Migration (IOM), a UN offshoot, reported Thursday. More than 60 percent of them are women and more than half reported difficulty in access to food. "A humanitarian ceasefire is crucial to allow for aid delivery and access to hard-to-reach communities," IOM director António Vitorino said.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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