Thursday

28th Mar 2024

Ticker

Swedish parties reach deal to rule without far-right

Four months of political stalemate in Sweden ended on Friday when four parties, the Social Democrats, Greens, Liberals and the Centre party, agreed to back social democrat Stefan Loefven to continue as prime minister. Deadlocked since September elections the Centre Party and the Liberals were forced to break their alliance with the conservatives to get a new government that would not depend on votes from the far-right Sweden Democrat party.

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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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