Friday

29th Mar 2024

Ticker

Slovenian PM resigns over court ruling and public sector strikes

Slovenian prime minister Miro Cerar unexpectedly resigned on Wednesday after the country's top court annulled a September referendum that approved a €1bn railway project - the centre-left government's biggest investment programme. Cerar has lately been under growing pressure from strikes and protests by public-sector workers including teachers, police and nurses demanding higher pay. The resignation comes a few months ahead of general election which was expected in June.

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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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