Thursday

28th Mar 2024

Ticker

Finns elect new centre-right president

Sauli Niinisto from the centre-right National Coalition Party was elected Sunday as Finland's new president in the second round of voting, gaining 62.6% of the votes. His green challenger Pekka Haavisto received 37.4%. Niinisto will take office on 1 March with Finland's president having certain foreign policy powers.

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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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