Friday

29th Mar 2024

Ticker

UK and Spain send missiles and tanks to Ukraine

The UK is sending long-range missiles to Ukraine while Spain is sending tanks and anti-aircraft systems despite Russian threats. The British missiles will "enable our Ukrainian friends to better protect themselves against the brutal use of long-range artillery," UK defence minister Ben Wallace said. Ukrainian soldiers will be trained in the UK, Spain, and Latvia, Spanish newspaper El Pais said. Western help for Ukraine is a proxy war, Russia says.

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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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