Friday

29th Mar 2024

Ticker

Libya to pick new PM at Geneva meeting

A delegation of more than 70 representatives of Libyan regional powers is heading to Geneva for five days this week to pick an interim prime minister in an EU and US-backed UN process. It is unclear if the leader chosen by the 'Libyan Political Dialogue Forum' will be accepted by warring parties, but the PM is meant to serve until elections in December, following a fragile ceasefire agreed last October.

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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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