Friday

29th Mar 2024

Ticker

SPD and CDU/CSU meet next week on 'Grand Coalition'

Leaders of Germany's CDU, CSU and SPD parties are set to meet on Wednesday to discuss a roadmap for upcoming coalition talks, following approval by the SPD party congress on Thursday to allow talks on forming a new 'Grand Coalition'. The SPD congress re-elected Martin Schulz as party leader, with 81.9 percent of the vote, down from the 100 percent when first elected party leader in March.

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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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