EUROPEAN HEADLINES
FT – Creditors unite to raise heat on Greece over new rescue plan. Bailout lenders push Athens to accept tough economic reforms by Friday.
WSJE – FIFA President Blatter will step down. Embattled soccer chief’s departure is widely hailed.
INYT – Race against time for Chinese cruise ship. Hundreds of passengers could be trapped after accident on Yangtze River.
FRANCE
Le Monde – Greece: Merkel and Hollande press to reach an agreement. Angela Merkel and François Hollande presided an emergency meeting on Greece Monday night with the IMF, the ECB and the European Commission.
Les Echos – Greece’s last offer to avoid bankruptcy. European leaders and the IMF presented a compromise proposal to Greece on Tuesday. Angela Merkel wants an agreement to be reached before Friday’s G7 summit in Germany.
GERMANY
Frankfurter Allgemeine (FAZ) – Creditors make a “last” offer to Greece. Tsipras presents “comprehensive” reform programme which does not satisfy the Eurogroup chief.
Suedeutsche Zeitung – New act in Athens’ debt drama. Following a crisis meeting of creditors in the Chancellery, Prime Minister Tsipras has sent a reform plan. The Monetary Fund offers Greece a payment deferment for the next instalments.
ITALY
La Repubblica – PD accountable, Cantone: Bindi is mistaken on De Luca. The governor quarrels with the anti-mafia President. “Slandered and affected by the black list.” The Democrat minority tackles the reforms.
Il Sole 24 Ore – Greece and inflation prompt the Euro and bond’s performance. BTP at 2%, Bonos and Bund in tension, Spread at 140.
POLAND
Gazeta – Trade union’s freedom for members of the precariat. The Constitutional court has judged that any limitations of freedom to associate as trade unions are unconstitutional. This verdict is very important for members of the so-called precariat, who are people working on junk contracts or are artificially self-employed.
SPAIN
El Pais – Blatter’s resignation paves the way towards the regeneration of the world of football. An extraordinary congress will elect his successor at the head of the FIFA. Blatter admits that his mandate “did not seem to be supported by everybody in the world of football.”
Expansion – Tabacalera wants to conquer the USA with Cuban cigars. Imperial’s subsidiary plans to control 30% of the American market within 4 years.
UK
The Times – Blatter walks and leaves World Cup in meltdown. Russia and Qatar contests in doubt amid claims FBI will investigate FIFA chief.
The Guardian – Downfall: Blatter walks away. FIFA boss quits at emergency press conference. Decision taken as FBI anti-fraud net closes in. Speculation over Russia and Qatar World
©europeanunion2015
