Friday

29th Mar 2024

Ticker

Finland re-elects president in first round

Finland on Sunday re-elected president Sauli Niinisto for a second six-year term with 62.7 percent of the vote, the first time a candidate has won outright in the first round. His nearest rival, Pekka Haavisto of the Green Party, got 12.4 percent and Finns Party's Laura Huhtasaari 6.9 percent. The only candidate to openly advocate Nato membership, Swedish people's party candidate Nils Torvalds, came last with just 1.5 percent.

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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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