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29th Mar 2024

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AfD gains support in German state of Thuringia

The anti-immigration Alternative for Germany (AfD) made strong gains, reaching 23.4 percent, in regional elections on Sunday in the eastern state of Thuringia. However, the Left party, on 31 percent, remained dominant, DW reported. Angela Merkel's party (CDU) dropped down 11 points from 2014 and the Social Democrats (SPD) scored only eight percent. AfD surged in the eastern states of Saxony and Brandenburg last month, becoming the second-largest political force.

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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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