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29th Mar 2024

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Estonia calls for EU-wide ban on Russian travel visas

Estonian foreign minister Urmas Reinsalu has called on the EU to impose a ban on travel visas for Russian citizens in order to further isolate Russia, Bloomberg reported. He raised the issue during a three-day trip to Ukraine when he met with Ukrainian president Volodymyr Zelensky. The EU-wide visa ban should be part of the sixth round of sanctions imposed on Moscow over Russia's invasion of Ukraine, Reinsalu said.

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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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