Friday

29th Mar 2024

Ticker

Sweden's first female PM resigns hours after appointment

Magdalena Andersson, was announced as leader on Wednesday but resigned after her coalition partner quit the government and her budget failed to pass, the BBC writes. Instead, parliament voted for a budget drawn-up by the opposition which includes the anti-immigrant far right. Andersson told reporters she hoped to try to become prime minister again as a single-party government leader.

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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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