Friday

29th Mar 2024

Ticker

Israel to hold third election in one year

Israel is heading for new elections, the third in 12 months, as the time limit to form a government expired on Wednesday (11 December) at midnight. The two candidates to become prime minister, Benjamin Netanyahu and his rival Benny Gantz, did not succeed in forming a government. Netanyahu is facing indictment in several corruptions cases and a mutiny in his Likud party.

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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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