03/07 – Today’s headlines from across the EU

Gazeta – EUROPEAN HEADLINES

FT – BP draws a line under Deep-water spill with $18.7 billion US settlement. Payment set to be largest in American history. New projects planned in Gulf of Mexico.

WSJE – Europe’s crowning glory imperils postwar project. Divided opinion in Athens was made clear Thursday. German Finance Minister Wolfgang Schäuble is depicted on a “no” campaign poster and a simple “yes” message is conveyed by opponents.

INYT – IMF backs need to ease Greek debt. But it faults government in Athens as battle lines over referendum form.

FRANCE

Le Monde – The Greek crisis puts the Franco-German couple to the test. Angela Merkel said no to Alexis Tsipras on Wednesday, while François Hollande was pleading for a last-minute deal.

Les Echos – Greece: keys of a crucial election for Europe. The referendum’s issue is analysed in seven questions and answers. François Hollande to the Greek voters: “In case of “no” vote, we would enter into the unknown.” IMF considers the Greek debt to be unsustainable.

GERMANY

Frankfurter Allgemeine (FAZ) – Coalition ends dispute over energy policy. CDU, CSU and SPD leaders, Angela Merkel, Horst Seehofer and Sigmar Gabriel, agreed on Thursday to implement new projects in order to reach 2020 CO2 emissions targets.

Sueddeutsche Zeitung – US ambassador summoned at the Chancellery. After the revelations of the NSA spying operations of government officials, Berlin demands explanations. To Finance Minister Wolfgang Schäuble, US intelligence services have lost “measure and middle.”

ITALY

La Repubblica – Greece divided: Varoufakis to resign if “yes” vote wins. The referendum is too tight to call and banks are running out of cash. The ECB has announced it will provide financial help only if the “yes” vote wins Sunday’s referendum.

Il Sole 24 Ore – Referendum to cost Greece 2% of its GDP. The Greek manufacturing sector is crumbling, as businesses are unable to buy raw materials due to banks being closed. Finance Minister Varoufakis has pledged to resign if the “yes” vote wins the referendum.

NETHERLANDS

De Volksrant – Match-fixing scandal in Dutch football deepens. The match-fixing scandal involving premier division club Willem II has deepened following the discovery of emails between midfielder Ibrahim Kargbo and a match-fixer.

POLAND

Gazeta – Would you like to have a black box in your car? Starting from October 2015, Link4 insurance company will mount black boxes to cars of corporate fleets that are Link4 insurance policy holders. The black box will gather the driving style information, which will next influence the insurance policy’s price.

SPAIN

El Pais – Rajoy to decrease the income tax (IRPF) while looking for electoral support. The number of people contributing to social security has returned to its original level, at the beginning of the PP’s term. But unemployment figures worsened since 2014.

Expansion – Rajoy brings forward to July the decrease of the income tax (IRPF). The government increases the GDP growth forecast for this year to 3.3%.

The Times – Young Muslims fuel huge rise in Sharia marriage. 100,000 couples trigger warning over “secret polygamy.”

The Guardian – EU told Greece needs €60bn and debt relief. Boost for Tsipras as IMF concedes economy needs a “breathing space.”