Friday

29th Mar 2024

Ticker

No MEP seat for Varoufakis' DiEM25 list in Greece

Former Greek finance minister Yanis Varoufakis's DiEM25 party marginally failed to secure a seat in the European Parliament, getting 2.99 percent of the vote in Greece - short of the three percent threshold. Varoufakis announced he would be holding a press conference in Athens on Wednesday. A Greek government spokesman, Dimitris Tzanakopoulos, said on Tuesday that snap Greek parliamentary elections will be called for 7 July.

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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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