Friday

29th Mar 2024

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Sarkozy campaign probe launched

French authorities have launched a probe into illicit funding of Nicolas Sarkozy's 2007 presidential campaign, reports Le Parisian. The paper says the campaign allegedly benefited from a system of fake invoices and fraud. Sarkozy, who is rumoured to seek a return to the presidency, has seven other cases against him.

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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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