Friday

29th Mar 2024

Ticker

Libyan parliament approves new unity government

Libya's parliament on Wednesday approved a government of national unity headed by prime minister Abdul Hamid Dbeibah, Deutsche Welle reports. It is part of a UN-backed plan to lead the conflict-ravaged country through elections by the end of the year. The government will replace the UN-backed Government of National Accord (GNA), which was in charge of western Libya, as well as the competing eastern administration linked to warlord Khalifa Haftar.

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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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