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28th Mar 2024

Ticker

Spanish MEP to run for Socialist group chief

Spanish socialist MEP Iratxe Garcia has officially launched a bid for the Socialists and Democrats group leadership in the European Parliament. The current group leader is German MEP Udo Bullman. The group will choose its new leader on 18 June. The Spanish Socialist party, PSOE, has the largest delegation in the group with 20 MEPs, while Germany's delegation shrank to 16 seats in the new 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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