Friday

29th Mar 2024

Ticker

Italian right unites in government bid

The three main parties of the right in Italy on Sunday vowed to unite in their effort to form a government following election gains last month. The poll results made the populist 5-Star Movement the largest single party while the alliance of three right-wing parties composed of the League, Brothers of Italy, and Forza Italia secured the biggest bloc of seats. Coalition talks are split given 5-Star reservations.

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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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