Friday

29th Mar 2024

Ticker

Russian helicopter flies into Estonia's airspace

Estonia summoned Russia's ambassador in Tallinn Wednesday to complain about violation of its airspace by a Russian helicopter Tuesday. "Estonia considers this an extremely serious and regrettable incident that is completely unacceptable," its foreign ministry said. It made a similar complaint in June, amid mounting Russian assertiveness in the Baltic region, which has also put Nordic countries and Poland on high alert of a potential military clash with Nato armies.

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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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