Friday

29th Mar 2024

Ticker

Merz officially elected to lead Germany's CDU party

Corporate lawyer and party veteran Friedrich Merz was officially elected to head Germany's Christian Democrats (CDU) on Monday, DPA reported. The 66-year old from the party's right wing will lead former chancellor Angela Merkel's bloc as it recovers from its worst-ever election result suffered last September. He defeated his two challengers back in December, but the postal vote was required legally to confirm the online ballot results.

Read and decide

Join EUobserver today

Get the EU news that really matters

Instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

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."

Join EUobserver

EU news that matters

Join us