Friday

29th Mar 2024

Ticker

Croatia nationalists edge to victory

Croatia's centre-right HDZ party won Sunday's snap elections by 61 seats against a socialist opposition bloc on 54. The previous government, where HDZ was the main party, fell in a conflict of interest affair. It did not deliver on reforms and stoked anti-Serb nationalism. Andrej Plenkovic, the new HDZ leader, has promised a "Europe oriented government". The HDZ is expected to join up with Most, a centrist party, in parliament.

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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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