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28th Mar 2024

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Former French PM Fillon appeals five-year sentence for corruption

A French court began hearing an appeal by former prime minister François Fillon against a conviction in a corruption scandal that torpedoed his presidential ambitions and sealed the rise of Emmanuel Macron, France24 writes. Fillon, a conservative candidate in the presidential elections in 2017, was charged with corruption after revelations that his wife Penelope was paid over €800,000 over 15 years for a suspected fake job as a parliamentary assistant.

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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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