Friday

29th Mar 2024

Ticker

Markets slide on fears of Italian election stalemate

European stock markets are sliding amid fears of a stalemate or a narrow win for three-time Prime Minister Silvio Berlusconi in the Italian elections. The yields on Italy’s 10-year bonds had risen four basis points to 4.49 percent early Monday evening, with polls indicating no clear winner.

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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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