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05/05 – Today’s headlines from across the EU

EUROPEAN HEADLINES

FT EuropeTurkey PM set to quit as crisis talks fail.  Ahmet Davutoglu frustrated by Erdogan’s curbs on his power.

WSJEPower play in Turkey threatens ties to the west. Turkish President Recep Tayyip Erdogan was poised to consolidate power after Prime Minister Ahmet Davutoglu signaled that he will step down amid a power struggle that complicates Ankara’s efforts to forge deeper ties with Europe and the U.S

INYT – IHT – EU to Remove 500-Euro Bill, the ‘Bin Laden’ Bank Note Criminals Love. In a move aimed at hampering cash transactions by terrorists, drug dealers and money launderers, the European Central Bank on Wednesday announced an end to the 500-euro bank note, worth roughly $575.

BBC EuropeTurkey’s AK Party to hold congress amid doubt over future of PM.  Turkey’s governing AK Party is to hold an extraordinary congress in the coming weeks, amid speculation over the future of PM Ahmet Davutoglu, media say. Reports suggest the congress will elect a new leader and that Mr Davutoglu, who met President Recep Tayyip Erdogan on Wednesday, will not stand again.

FRANCE

Le Monde UK local elections: The battle of the two Londons.  One of the most cosmopolitan cities in the world , could be headed by a Muslim mayor after the municipal elections on Thursday, May 5 If repeated polls give a lead of twenty points are true , the pro-European Labor Sadiq Khan , 45, son of a Pakistani bus driver and who displays an open Islam as “part of one’s identity, ” will succeed the Eurosceptic Conservative Boris Johnson.

Les EchosThe ECB announces the end of the 500 Euro note. RIP … The European Central Bank ( ECB) decided to end the production and emission of 500 euro note , this will signal the end of the highest denomination in the euro area , suspected of facilitating illegal activities .

GERMANY

Frankfurter Allgemeine Zeitung (FAZ) – Firmly in control?  After 36 years, North Korea will again hold a party congress . Why? why? why ? . What does this mean for Kim Jong-un ?

Süddeutsche ZeitungKing Trump – On the first day as an official presidential candidate reveals the billionaire how he wants to defeat the ” crook ” Clinton – and what he would do as president in the first 100 days .

ITALY

La Repubblica – European stocks rebound after overcoming fears about economic growth.

Il Sole 24 OreRenzi confirms APE (retirement reform) for those over 63.  It will be called “Ape”, it will be expected in the next Budget Law. It will allow an early retirement selectively allowance and the penalty for “over 63”, ie those born in 1951, ’52 and ’53. Renzi confirms officially that the next move will start in 2017 a mechanism to build flexibility into Fornero law.

SPAIN

El PaisSpanish Socialists and Podemos begin battle for the left-wing.  New campaign race sees emerging party depicted as “communists” and the Socialists ignored

UK

The TimesBritain beckons child refugees. David Cameron buckled under pressure yesterday and opened the door to migrant children from refugee camps in Europe. The UK prime minister had fiercely opposed a move that he feared would encourage more migrants to make the dangerous journey from camps around Syria. However, under growing pressure in the Commons, he climbed down. Another vote on the issue had been due on Monday, which he was expected to lose.

The GuardianQuarter of child refugees arriving in EU travelled without parents. A quarter of all child refugees who arrived in the EU last year – almost 100,000 under-18s – travelled without parents or guardians and are now “geographically orphaned”, presenting a huge challenge to authorities in their adopted countries.

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