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05/10 – Today’s headlines from across the EU

EUROPEAN HEADLINES

BBC EuropeGermany drops Turkey President Erdogan insult case. German prosecutors have dropped an investigation into a TV comedian accused of insulting Turkish President Recep Tayyip Erdogan. The prosecutors in the western city of Mainz said they had not found sufficient evidence to continue the inquiry against Jan Boehmermann. In March, Boehmermann recited a satirical poem on TV which made sexual references to Mr Erdogan.

FT Europe

US election and Brexit pose main threat to global growth, warns IMF

UK expansion cut to half of pre-vote forecast. Trump’s trade rhetoric sparks concern.

WSJE

Sterling plumbs a 30-year-low

Worries over post-Brexit prospects hurt the UK currency; stocks get a lift.

INYT

Migrants’ French underground railroad

Citizens have helped hundreds cross border amid humanitarian crisis.

FRANCE

Le Monde 

University: the executive ratifies Masters students’ selection

University presidents and trade unions, as well as student unions, should reach an agreement on Tuesday on the selection process for Masters students.

Les Echos 

Alstom: the state’s tinkering raises an outcry

To keep the Belfort site running, the state will purchase 15 TGV trains for Intercity lines. Accused by both the right and the left of “tinkering”, Manuel Valls invokes “the strategist State”.

GERMANY

Frankfurter Allgemeine

A new cold front looms between America and Russia

America stops Syria talks after Moscow terminates plutonium Treaty.

Süddeutsche Zeitung

Populism is constraining growth

The IMF dampens its expectations for the global economy. In particular, the Brexit-vote in the UK and the election campaign in the US fuel a negative mood.

ITALY

La Repubblica 

Battle for the budget ‘‘Estimations must be revised’’. Renzi: ‘‘the money is here’’.

Arguments are arising over numbers in the budget.

Il Sole 24 Ore 

ECB: hypotheses of QE reduction. Bond yields jumping

50-year state bonds: demand skyrockets for the first €5 billion at 2.85%.

POLAND

Gazeta Wyborcza 

PiS washes its hands and waits for the end of protests

The scale of Monday’s black protest against sharpening the abortion law has taken Law and Justice (PiS) by surprise. Now the party racks its brains over methods of overcoming the crisis.

SPAIN

El Pais 

PP faces its darkest past in the lawsuit for the Gürtel case

Correa shows it wants to collaborate at the start of the hearing.

Expansion 

Guindos: “populism slows down growth”

IMF forecasts that Spain will grow 3.1% this year and 2.2% in 2017.

UNITED KINGDOM

The Times 

Firms must list foreign workers

Plan to shame companies that turn down British staff. Sterling hits 31-year low as markets fear “hard Brexit”.

The Guardian

May calls on Tories to seize centre ground

PM to hit out at sneering politicians and embrace interventionist state.

 

 

©EuropeanUnion2016

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