EUROPEAN HEADLINES
BBC Europe – Berlusconi: AC Milan sold to Chinese consortium. He said they will be paying at least €400m (£220m) over the next two years, which may value the club at up to €750m including debt. “Milan has now embarked on this path towards China,” he said without disclosing the identity of the buyers.
| FT Europe |
FBI judges Clinton careless but not criminal in email inquiry. 110 “secret” messages in private account. Republicans seize on “pattern of dishonesty.”
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| WSJE |
UK property funds bar the exit. Pair of large asset managers won’t let investors withdraw as the pound sinks.
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| INYT |
Resentment led down “Brexit” road. Labour bastion spurns its roots over loss of community and securit
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| Le Monde |
Terrorist attacks: French MPs ask for a revision of the fight against terrorism.
The parliamentary board of inquiry on the French State’ action during the January and 2015 November terrorist attacks delivered its report on Tuesday 5 July. |
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| Les Echos |
Hollande steps back on his savings plan.
The €50 billion savings plan promised to Brussels will not materialise as planned. New expenses will only be “partially” balanced by savings. Increased revenue from fight against fraud. |
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| Frankfurter Allgemeine |
Brussels now wants national Parliaments to ratify CETA
Commission bows to public protest. Decreased prospects for signature. |
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| Sueddeutsche Zeitung |
16 states against Schäuble
The controversy over the refugee costs escalates: ahead of the summit at the chancellery, the regional Prime Ministers call for €8 billion more from the federal government. Too much for the Finance Minister. |
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| La Repubblica |
Banks: the MPS’ earthquake. Treasury: the shield is ready.
Share prices plummeted. An anti-speculation European deal is imminent. |
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| Il Sole 24 Ore |
EU-Canada, threat to the CETA deal: the approval of the EU-28 is necessary.
Calenda: that is how Europe’s commercial policy dies. Farrini (Confindustria): black mark, old approach.
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| Gazeta Wyborcza |
Paean in honour of Macierewicz. Parliamentary debate on motion for dismissing Macierewicz
Niesiołowski: Macierewicz should not represent Poles at the NATO summit. Prime Minister Szydło: He has always been on the side of the good and truth. He has God and homeland in his heart.
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| El Pais |
Rajoy will use Brussels’ requirements to put pressure on the PSOE
Socialists will reaffirm on Saturday their opposition regarding a government led by the PP, but they will not preclude another federal committee to make a decision. |
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| Expansion |
Legal limits for fiscal engineering of new technologies
The Supreme Court sided with the Finance Ministry against Dell, which will have to report earnings in Spain. |
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| The Times |
May storms into lead as rivals battle for No 10
Theresa May has almost certainly booked her place in the final run-off to become the next Tory leader and prime minister after sweeping to victory in the first round of voting by MPs.
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| The Guardian |
Property funds in turmoil
Bank of England warns risks to economy have begun to “crystalise.”
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