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29th Mar 2024

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'Unimaginable' for Austria's Kurz to stay on if convicted: Greens

It would be "unimaginable" for Austrian chancellor Sebastian Kurz to stay in office if convicted of perjury, the country's vice chancellor and leader of the Greens, Werner Kogler, said in remarks broadcast on TV, Reuters writes. Kogler's comments suggest the coalition between his party and Kurz's conservatives could collapse if Kurz, whom prosecutors have placed under investigation over his testimony to a parliamentary commission, was charged and then convicted.

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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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