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29th Mar 2024

Ticker

Polish ruling party PiS takes lion's share of EU vote

The ruling right-wing Law and Justice (PiS) party won EU elections in Poland with 42 percent, compared to 32 percent in 2014, beating the European Coalition, a pro-EU group, on 39 percent, exit polls said. The new Spring party of openly-gay politician Robert Biedron got six percent. The "decisive blow" for the future of Poland will come in autumn national elections, PiS leader Jarolslaw Kaczynski said.

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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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