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29th Mar 2024

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Bulgaria expels 70 alleged Russian spies

Bulgaria has expelled 70 Russian diplomats on grounds of espionage, halving its personnel in the country at a stroke. "This is not an act of aggression towards the Russian people," said Bulgarian prime minister Kiril Petkov on Tuesday, Reuters reports. "When foreign governments are trying to meddle in our internal affairs, we have institutions that will respond," he said. "Their diplomatic role has been more like a cover," he added.

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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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