Friday

29th Mar 2024

Ticker

UK to stand in for Ukraine as host of Eurovision

The UK will host the 2023 Eurovision Song Contest, in lieu of war-torn Ukraine, the BBC reported. Ukraine won the 2022 event, earning it the right to host the televised competition, whilst the UK came in second place. Several cities are in the running to host the event, which sees a live audience of around 10,000 spectators, plus a TV audience across the continent.

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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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