Friday

29th Mar 2024

Ticker

More Western troops going to Estonia and Lithuania

Denmark, Germany, Spain, and Britain are preparing to commit extra troops and pre-positioned equipment on Nato's eastern flank, including in Estonia and Lithuania, Nato secretary general Jens Stoltenberg said Wednesday after meeting defence ministers in Brussels. Turkey's objection to Swedish and Finnish membership "will take more time than we originally expected" to overcome, Stoltenberg added, after Turkey rejected Nato's proposal to mediate three-way talks on the issue the same day.

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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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