Friday

29th Mar 2024

Ticker

SPD Berlin branch votes against Merkel coalition

A majority (21-8) of SPD's Berlin board members has voted against a new 'Grand Coalition' as agreed by CDU, CSU and SPD leaders on Friday, while in Brandenburg a majority (9-2) approved the deal, reported Spiegel. A 600-strong SPD congress in Bonn will vote on the deal on Sunday. SPD dropped one point to 18.5 percent in polls compared to last week, according to an Bild/Insa poll on Tuesday.

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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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