Friday

29th Mar 2024

Ticker

Italy likely to hold national elections on 4 March

Italy's main political parties have agreed to hold elections on 4 March next year, reported Italian media. Repubblica said Italian president Sergio Mattarella had confirmed the date was set, but added that 11 March remained a possibility as well. Under new election laws, there will only be a clear-cut winner if one party or bloc receives over 40 percent of the vote.

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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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