Friday

29th Mar 2024

Ticker

Czech election frontrunner faces secret police allegations

Slovakia's top court on Thursday overturned rulings by lower courts that had previously cleared the frontrunner in next week's Czech Republic elections, Andrej Babis, of cooperation with communist-era secret police (StB), Reuters reported. Babis has admitted to meetings with StB officers, but denies collaboration allegations. He suggested the timing of the decision is a political attack. Babis is also facing fraud charges in the Czech Republic, but denies any wrongdoing.

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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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