Friday

29th Mar 2024

Ticker

Russia's prime minister and government resign

Russia's prime minister Dmitry Medvedev announced on Wednesday that he and his government are resigning, in order to give president Vladimir Putin the opportunity to implement constitutional reforms. Earlier the same day, Putin made his intentions for the constitution public during a televised speech. He wants to limit the presidency of Russia to a maximum two terms of four years, a move that would make the PM more powerful.

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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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