Friday

29th Mar 2024

Ticker

Italian foreign minister leaves 5-Star to form new group

Italian foreign minister Luigi Di Maio announced on Tuesday his departure from the 5-Star Movement due to disagreement with party leader and former prime minister Giuseppe Conte over Ukraine. The party was backed by 33 percent in the 2018 elections but has become increasingly uneasy about Italy sending weapons to Ukraine. De Maio hinted he will form a new parliamentary group backing the government of prime minister Mario Draghi.

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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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