Thursday

28th Mar 2024

Ticker

Danish ruling party in sexual harassment fiasco

Frank Jensen, the 59-year old mayor of Copenhagen and the deputy-chairman of Denmark's ruling centre-left party, has resigned after two women accused him of sexual harassment. "It's obvious that we in the Social Democratic Party have problems," Danish prime minister Mette Frederiksen said. Jensen had fondled the women, he said in his Facebook apology, because he was part of a "harmful" and "old" culture in the 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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