EUROPEAN HEADLINES
BBC Europe – Turkey-PKK conflict ‘has killed 2,000’ since truce collapsed – UN. The UN has accused Turkish forces of serious violations during unrest in the south-east of the country that left 2,000 dead less than 18 months. Up to 500,000 people, mostly Kurds, were displaced between July 2015 and December 2016, a UN report said. Meanwhile, satellite imagery showed the “enormous scale of destruction of the housing stock by heavy weaponry”.
| FT |
Euro rises as Draghi claims victory over deflation and softens QE tone
ECB head’s remarks send bond yields higher. Pressure from critics to tighten policy.
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| WSJE |
AIG’s Hancock to resign
American International Group Inc. Chief Executive Peter Hancock will resign, a move that follows the giant insurance conglomerate’s recent failure to meet a series of financial targets.
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| INYT |
A dispute rises over Dubai
Architect says his design for a new landmark has been stolen by the city.
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| Le Monde |
Hamon’s project to revive Europe
The Socialist candidate is expected to detail on Friday, 10 March his proposals to save Europe from “self-destruction”. He explains his solutions to “Le Monde”.
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| Les Echos |
The shining health of CAC40’s stars
Profits surpassed €75 billion last year, a record since 2010. The bosses of the largest companies are broadly confident.
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GERMANY
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| Frankfurter Allgemeine |
Tusk re-elected EU Council President despite Polish resistance
Merkel: The right President. Warsaw: Diktat from Berlin. Scandal at EU summit.
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| Süddeutsche Zeitung |
Treasury wants millions from German football federation
The tax authorities accuse the association of “fictitious bookings” and “laundered sales” in the World Cup affair. A tax bill of more than €20 to €25 million is coming. The DFB considers this unjustified.
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ITALY
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| La Repubblica |
Bridge collapse: “traffic should have been suspended”, says mayor
Two people have been killed on the A14 motorway in Castelfidaro and three workers injured.
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| Il Sole 24 Ore |
ECB president Mario Draghi: fewer risks in the EU, no need for new stimulus
The euro and European bond yields are both on the rise.
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| Gazeta Wyborcza |
A series of arrests in the intelligence services expected in autumn
Merger of the Internal Security Agency (ABW) and the Intelligence Agency (AW) will create a chance to get rid off “doubtful elements” from the services ahead of a series of arrests planned for the autumn.
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| El Pais |
Spanish government warns against the “serious” effects of Brexit in Spain
An official reports analyses the impact of the UK’s exit from the EU.
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| Expansion |
In the US, Repsol finds the largest oil deposit in 30 years
It occurs while oil is booming due to Trump’s support. The deposit has 1.2 billion barrels of crude oil in reserve.
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| The Times |
Blow to Hammond as May back-pedals on tax
Key budget vote delayed and door left open on concessions.
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| The Guardian |
Tory rebellion forces PM into tax concession
May defends national insurance increase as budget pledge unravels.
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