Thursday

28th Mar 2024

Ticker

Hard-Brexiteer Johnson on track to be UK prime minister

Hard-Brexiteer Boris Johnson gained momentum to be Britain's next prime minister Wednesday, gaining 143 out of 313 votes from MPs in an internal Conservative party contest. Foreign secretary Jeremy Hunt, environment minister Michael Gove, and interior minister Sajid Javid also got through into the last round of voting on Thursday, but Rory Stewart, a pro-European development aid minister, was knocked out, amid EU concern on a Johnson-led no-deal Brexit.

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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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