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29th Mar 2024

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CDU leader pulls out of right-wing US-German political forum

Christian Democratic Union (CDU) opposition leader Friedrich Merz dropped out of the right-wing "Transatlantic Forum" following criticism of the guest list, which includes a gun lobbyist, members of the German far-right, and Trump ally Lindsay Graham, Deutsche Welle reported. The event was due to be hosted by the German state of Baden Wurttemberg, which later pulled out saying some speakers showed "close proximity" to the far-right Alternative für Deutschland (AfD).

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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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