Thursday

28th Mar 2024

Ticker

Sturgeon pledges 2nd Scottish independence referendum

Scotland will hold a second referendum on independence by May 2021 if the UK has left the EU, first minister Nicola Sturgeon announced on Wednesday. A 2014 referendum was lost by 45 to 55 percent, but Sturgeon told the Scottish Parliament she would hold another "within the lifetime of this parliament", largely due to Brexit. Authority for the referendum still needs to be sought from the UK parliament.

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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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