Friday

29th Mar 2024

Ticker

Lithuania votes out current government

Lithuania's centre-right opposition party, the Homeland Union, came first in Sunday's elections with some 23 percent, early results showed. They beat into second place the Farmers and Greens party (LVZS), on 18 percent, which had led the previous ruling coalition, in a show of discontent at government handling of the pandemic, as well as economic inequalities. Voters were urged to bring their own pens to ballot boxes, as infections spiked.

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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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