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29th Mar 2024

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Sweden buying anti-ship missiles for Ukraine

Sweden is to increase Ukraine military aid by some €95m, including anti-ship missiles and more anti-tank weapons, its government said Thursday. "In solidarity with Ukraine, and as part of the international response to Russia's actions, the government sees a continuing need to support Ukraine," the finance ministry said. Western-made anti-ship missiles were widely said to have sunk a Russian battleship in April. The US is also supplying longer-range missile systems.

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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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