Thursday

28th Mar 2024

Ticker

Italian coalition clashes over Russian financing

The Italian ruling parties, the League and the Five Star Movement (5MS), have clashed over audio tapes showing League talks with Russians on secret funding. The Deputy prime minister and 5MS leader, Luigi di Maio, wants to create a parliamentary investigation committee to look into the financing of "all parties". But League chief Matteo Salvini asked if from now on all private "dinners should be discussed in 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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