08/12 – Today’s headlines from across the EU

EUROPEAN HEADLINES

FT Europe – Oil slumps to near 7-year low amid Opec discord. Weakest level since financial crisis. Traders react to chaotic cartel talks.

WSJE – Opposition cheers victory in Venezuela. After its big win in Sunday’s midterm elections, Venezuela’s opposition must tackle the economic crisis.

INYT – Cleaner cars, but a billion more on roads. Number of new drivers could offset efforts to cut vehicle carbon emissions.

BBC Europe –Paris attacks cost Air France-KLM €50m in lost revenue. The airline group said it expected the effect to have largely worn off by the end of December. The group said the attacks “significantly impacted” traffic to and from Paris.

FRANCE

Le Monde – Regional elections: the historical rise of the FN. The FN was first choice in six regions with a national average of 27.8%, ahead of Les Républicains (27.3%) and the PS (23.3%).

Les Echos – Regional election: the painful lessons learned from the first round. The Socialist Party and Les Républicains, destabilised by the breakthrough of Marine Le Pen’s party. The National Front topped Sunday’s elections and might gain new votes in the second round.

GERMANY

Frankfurter Allgemeine Zeitung (FAZ) – Uncertainty in France after the electoral success of the National Front. Socialists now want to give up their own candidates. Marine Le Pen: this is a suicidal decision.

Sueddeutsche Zeitung – (SZ) – NPD ban comes closer. Twelve years ago, the case against the right-wing extremist party failed. Today Federal judges in Karlsruhe see “sufficient” evidence of anti-constitutionality.

ITALY

La Repubblica – The two popes’ jubilee. Security: 2,000 agents unfolded in Rome. While 100,000 pilgrims are expected in the city for the Holy Year, Rome is under close surveillance and flights above the city will be prohibited. Pope Francis will open the panels of the Holy Door under the benevolent eye of Pope Benedict XVI.

Il Sole 24 Ore – Oil under $38: stock market rally crushed. The rallying of stock markets was short lived as the fall of the price of petrol, under $38 a barrel, dragged down worldwide stocks.

POLAND

Gazeta Wyborcza – The European Parliament is worried about Poland. The European Parliament is preparing to debate jeopardised law and order in Poland. The Constitutional Court is its top concern.

SPAIN

El País – Venezuela: opposition promises to handle the end of Chavism. Capriles asks for “humility, maturity and serenity” and gets majority to change the Constitution. The army forces Maduro to admit defeat.

Expansión – Banks urge Abengoa to sell Yieldco. The banks press the group to get rid of at least 10% of its shares to obtain liquidity before Christmas.

The Times – Floods caused by global warming, says minister. Families face eight months away from home. Cameron: storm defences were not good enough.

The Guardian – Cameron faces pressure to act on flood chaos. Body found near Kendal and 45,000 homes without power in north-west.