Friday

29th Mar 2024

Ticker

New socialist group leader to push for Timmermans

Spanish MEP and newly-elected group leader for the Socialists and Democrats group in the European Parliament, Iratxe Garcia, said Tuesday she will push for Dutch commissioner Frans Timmermans to head the next EU commission. "Timmermans is the best candidate for the European Commission and we will support him," she told journalists after the vote, adding that she sought to open negotiations with other pro-EU groups in the 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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