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EUROPEAN HEADLINES |
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| FT Europe – |
Investors punish global banks as fears focus on financial system. Deutsche biggest victim. Lenders’ bonds also hit. Shockwaves through equity markets.
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| WSJE – |
Syria forces squeeze rebels. Russian airstrikes help regime turn tide, while US-led coalition aims mainly at Islamic State.
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| INYT – |
“Brexit” vote puts many bankers on edge. Global financial hub sees painful fallout if Britain quits EU membership. |
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BBC Europe – |
Germany train crash: At least 8 killed near Bavarian town of Bad Aibling. Two passenger trains have collided in the German state of Bavaria, with police saying at least eight people have been killed and scores injured. The head-on crash happened near Bad Aibling, a spa town about 60km (37 miles) south-east of Munich. |
| FRANCE |
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| Le Monde – |
Alep, the decisive offensive for Assad’s regime. The progression of Damas’ army in Alep since 1 February, supported by intense Russian raids, is a turning point in the Syrian civil war.
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| Les Echos – |
Why is the fall in stock markets accelerating? The Paris Stock Exchange has lost more than 12% since January 1st and is moving closer to 4,000 points. Economic and geopolitical disorders prompted more caution from investors. |
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| GERMANY |
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| Frankfurter Allgemeine Zeitung FAZ) – |
Merkel condemns Russian raids in Syria. Moscow is to blame for new wave of refugees. Chancellor in Ankara for talks.
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| Süddeutsche Zeitung (SZ) – |
Merkel “appalled” by Russian attacks. The Chancellor condemned the bombing of Syrian civilians in Aleppo. Turkish Prime Minister Davutoğlu fears a humanitarian catastrophe. NATO shall support Ankara in the fight against human smugglers. |
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| ITALY |
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| La Repubblica – |
Stock exchanges: the great fear. European stock exchanges and Wall Street have plummeted yesterday because of fears of recessions. The Governors of the French and German central banks have revived the idea of the appointment of a European Minister for the Treasury.
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Il Sole 24 Ore – |
Black Monday for stock markets, Milan: -4.7%. Banks and stock markets are under pressure again, following fears of a new worldwide economic crisis. |
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POLAND |
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Gazeta Wyborcza – |
Strongman’s lynching on the Internet. Famous and successful Polish Strongman and also businessman Mariusz Pudzianowski launched a smear campaign against the HateStop activist who forwarded his offensive Facebook posts about refugees, to the Prosecutor’s Office. Many Internet users now threaten the activist with rape and death. |
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SPAIN |
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El Pais – |
The stock market crash exacerbates the crisis due to the absence of a government. The Spanish Ibex loses 4.4% and the risk premium increases up to 153 points.
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Expansion – |
Fear over stock markets. The Spanish Ibex has lost close to €82 billion this year in terms of stock-exchange value. Bank, construction and raw materials are most affected. Investors start to channel their money to public debt and gold. |
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UK |
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The Times – |
Petrol price rise in prospect. George Osborne may be forced to raise prices at the petrol pumps to meet his election pledge to eliminate the deficit, a leading think tank has warned.
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The Guardian – |
Warning of tax rises as market turmoil hits Osborne budget.Chancellor may face GBP 2bn gap in revenues. Lack of growth could result in more welfare cuts. ©europeanunion2016 |
