Thursday

28th Mar 2024

Ticker

UN expects more ships to get Ukrainian grain out

Ambitions to ship between 2m and 5m tonnes of grain out of Ukraine each month via a safe corridor for international shipping were "achievable", the UN has said. "We're expecting to see a big uptick in applications for transit," from shipping firms, senior UN official Frederick Kenney said in Istanbul Wednesday, Reuters reports. Some 12 ships have so far sailed from Ukraine under a Turkish-brokered deal between Ukraine and Russia.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

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."

Join EUobserver

EU news that matters

Join us