Thursday

28th Mar 2024

Ticker

Bulgarian PM reshuffles ministers to calm protests

Bulgarian prime minister Boyko Borissov on Thursday replaced his finance minister Vladislav Goranov, economy minister Emil Karanikolov and interior minister Mladen Marinov to appease a wave of anti-corruption protests taking place across Bulgaria, Reuters reported. Borissov's tourism minister is also quitting. Parliament is expected to vote on the nominations on Friday. Thursday marked the fifteenth day of protests, which are calling for the resignation of the whole cabinet.

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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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