Friday

29th Mar 2024

Ticker

Commission proposes freezing Russia visa-facilitation pact

The European Commission proposed on Tuesday suspending the so-called visa-facilitation pact with Russia, in place since 2007. Russian citizens will have to go through a longer visa-application process, except for those who are family members of EU citizens, journalists, dissidents and civil society representatives. This follows a political agreement reached by EU foreign affairs ministers, although some EU countries have called for a ban on Russian tourists.

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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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