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29th Mar 2024

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Iceland's PM leads in polls ahead of October elections

Iceland's Independence Party and the Left Green Movement stand to win elections confirmed for 28 October, each being supported by 23 percent of the voters, a poll for Frettabladid showed, after the government led by Independence Party's Bjarni Benediktsson collapsed last Friday over a local scandal. The Pirate Party would receive 13.7 percent of votes followed by the relatively new anti-immigration People's Party with 11 percent.

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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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