Friday

29th Mar 2024

Ticker

Rajoy to be installed as Spanish prime minister

Spanish conservative leader Mariano Rajoy is set to be installed as prime minister later, after he won backing on Saturday to form a minority government following 10 months of political deadlock. Rajoy only won the vote thanks to the abstention of most Socialist MPs. Ousted Socialist leader Pedro Sanchez resigned as an MP before the vote over the decision to allow Rajoy to govern.

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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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