Friday

29th Mar 2024

Ticker

Swedish PM resigns after no-confidence vote

Swedish prime minister Stefan Lofven has handed in his notice of resignation, giving parliament's speaker the job of finding a new government after the Social Democrat leader lost a vote of no-confidence last week, Reuters reports. According to Lofven, the majority of Sweden do not want new elections. Lofven said he is open to a grand coalition with the conservative Moderates, but not with the Swedish Democrats.

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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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