Friday

29th Mar 2024

Ticker

Italy's new leader pledges radical changes in 100 days

Italian PM Matteo Renzi Tuesday won his first confidence vote in the upper house by 169 votes to 139. He promised to overhaul the electoral system and reform tax and labour laws within his first 100 days in office. Renzi's new cabinet is largely formed of people unknown outside Italy.

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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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