Friday

29th Mar 2024

Ticker

Italy's Five Star approves joining liberal EU group

Followers of the 5-Star Movement (M5S) in Italy voted to join the pro-EU liberal group (Alde) in the European Parliament on Monday following a surprise announcement by the populist party's leader Beppe Grillo to leave the eurosceptic Europe of Freedom and Direct Democracy (EFDD). M5S tweeted that out of the 41% who voted, 79% agreed to join Alde, which will decide on Tuesday whether to accept M5S.

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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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