Friday

29th Mar 2024

Ticker

SPD to discuss if Gabriel or Schulz to challenge Merkel

The leadership of Germany's Social Democratic Party is set to meet in Duesseldorf on Tuesday for confidential talks on who to run as the party's chancellor candidate in autumn's elections. Party leader Sigmar Gabriel is considered as the favourite by the party elite, while former European Parliament president Martin Schulz is said to have strong backing among party members. A formal decision is expected towards the end of January.

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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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