03/15 – Today’s headlines from across the EU

EUROPEAN HEADLINES

FT Europe – Yellen signals US economy is strong enough for a rate rise. Fed chair warns of waiting too long. ECB set to diverge with further QE.

WSJE – Cameron argues for joining airstrikes in Syria. British Prime Minister David Cameron told Parliament swift action is needed against Islamic State as he made the case for joining US-led airstrikes in Syria ahead of a vote on the matter Wednesday, which was expected to be approved in the late evening.

INYT – The Paris that became a target. For reasons that may never be known, maybe just by chance, the attackers who killed 130 people on November 13th skipped over the shops, outdoor cafes and theatres along the Rue Jean-Pierre Timbaud. The Bataclan Theatre is just around the corner; the Café Bonne Bière, where five died, is a short walk the other way.

BBC Europe – Putin: Turkey ‘will regret’ downing Russian bomber in Syria.In a state of the nation speech, broadcast live on Russian television, he said that “if anyone thinks Russia’s reaction will be limited to trade sanctions, they are deeply mistaken”. “We’ll remind them again what they did – they will regret it.”

FRANCE

Le Monde – The Elysée’s plan to strengthen the state of emergency. The Government has submitted to the Council of State a constitutional change that would write the state of emergency into basic law.

Les Echos – Euro: reasons for a long-term decline. The single currency is getting closer to 1 dollar. Investors flee from debt markets. ECB to adopt a series of measures aimed at reviving growth and inflation.

GERMANY

Frankfurter Allgemeine Zeitung (FAZ) – Federal Government defends Syria-deployment of the Bundeswehr. Von der Leyen: we will need a long breath. Opposition: adventure, headless.

Sueddeutsche Zeitung (SZ) – “This wave of refugees is too large.” EU Council President Donald Tusk calls in SZ interview for a political turnaround from Angela Merkel. The Chancellor should help limit the influx into Europe – also for safety reasons.

ITALY

La Repubblica – Putin battles against Erdoğan and NATO “Turkey and ISIS are business partners, here is proof.” The Kremlin has shown its anger at negotiations over Montenegro’s NATO accession. A Russian hostage has been executed by ISIS.

Il sole 24 Ore – Patent and trademark: easiest “bonus”. Regarding the simplification of the patent box, the president of Confindustria, Giorgio Squinzi stated: “We have to defend companies who make research.”

POLAND

Gazeta Wyborcza – CONSTITUTION! Not waiting for the Constitutional Court to rule on whether the election of five new judges at the end of the past term of the Sejm was constitutional, the Law and Justice Government elected five new judges of its own. This was done over vocal protests of the opposition and protests on the streets of Warsaw.

SPAIN

El País – Rajoy ends his mandate with slight unemployment reduction. The decrease in labour force leads to unemployment fall, with 271,000 less jobs seekers.

Expansion – Abengoa: bondholders forecast a 80% debt release. Bonds are now 16% of their original value.

The Times – PM wins huge backing for war. RAF jets launch first mission against ISIS in Syria.

The Guardian – MPs back Cameron over Syria airstrikes. RAF prepares for bombing raids on ISIS by the weekend after MPs vote to authorise British action against militants.