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29th Mar 2024

Ticker

Eurosceptic Italian parties closer to forming government

Leaders of Italy's two eurosceptic parties, the 5-Star Movement and the League, announced on Thursday progress in talks on forming a new Italian government, following months of political stalemate. The breakthrough came after Italy's president Sergio Mattarella indicated that he would form a "neutral government" and then Forza Italia's leader Berlusconi declared he would not veto any decision by the League to form a government with the 5-Star Movement.

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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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