Friday

29th Mar 2024

Ticker

Hungary to hold parliamentary election on 8 April

Hungary will hold its parliamentary election on April 8, president Janos Ader said on Thursday in a statement, according to MTI news agency. Prime minister Viktor Orban's ruling Fidesz party is expected to win its third consecutive mandate to govern by a comfortable majority, with the nationalist Jobbik party holding second place in opinion polls, and the Socialists being a distant third.

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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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