Friday

29th Mar 2024

Ticker

Slovak government in crisis after nationalist party quits coalition

Slovak PM Robert Fico will meet with the three parties forming his ruling coalition Tuesday, after the nationalist Slovak National Party unexpectedly announced it wants to re-negotiate the deal to govern, struck after elections in March 2016. Leader of the Slovak Nationalist Party leader, Andrej Danko, said re-setting the rules and adjusting relations within the governing coalition was needed. Fico's government holds a narrow 79-seat majority in the 150-member 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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