Friday

29th Mar 2024

Ticker

Italy appoints League eurosceptic as EU minister

Italy's prime minister Giuseppe Conte announced on Wednesday that the current family minister Lorenzo Fontana would become Italy's minister for European affairs. Fontana is a member of the far-right League and a committed eurosceptic. The position was held temporarily by Conte, as the former EU minister Paolo Savone became head of Italy's market watchdog.

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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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