EUROPEAN HEADLINES
BBC Europe – UniCredit to raise billions and cut 14,000 jobs. UniCredit, Italy’s biggest bank, is planning to raise €13bn (£10.9bn) and cut 14,000 jobs over the next two years in a bid to return to financial health. The bank plans to use the record rights issue to help remove almost €18bn of bad debt from its balance sheet and boost profitability. UniCredit also plans to close about a quarter of its 3,800 branches.
| FT Europe |
Kremlin hacking storm opens rift between Trump and Republicans
Top senator backs probe into CIA allegations. First clear sign of split with party leaders.
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| WSJE |
Inside India’s cash attack
Disruption is great in a nation where even large transactions are done in rupee notes.
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| INYT |
CIA based Russia call on swell of evidence
Trump rejects analysis that election was affected by hackers tied to Moscow.
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| Le Monde |
Abuses in the area of posted workers in Europe become an issue in the presidential election
In an opinion piece published in Le Monde, eight European labour ministers ask for the revision of the directive on the free movement of workers.
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| Les Echos |
Fillon revises his plans for Social Security
“Health insurance will continue to cover care as it does today,” says the candidate. He even promises that dental and optical expenses will be better reimbursed in the future.
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| Frankfurter Allgemeine |
Raids against pro-Kurdish party after the attack in Turkey
More than 200 HDP members arrested. EU Foreign Affairs Ministers express solidarity.
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| Süddeutsche Zeitung |
Saudis support German Salafists
They send preachers and build mosques: according to BND and constitutional protection findings, movements from Saudi Arabia, Kuwait and Qatar promote religious zealots in the Federal Republic.
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| La Repubblica |
Gentiloni, “Renzi bis” government
Palazzo Chigi for Boschi. Lotti is appointed as Sports Minister. Alfano as Foreign Affairs Minister.
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| Il Sole 24 Ore |
Green light for Gentiloni government, five new ministers
New PM: “Priorities: electoral law and employment”. Alfano going to Foreign Affairs. Boschi Undersecretary of the Presidency.
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| Gazeta Wyborcza |
State of emergency
Today is the 35th anniversary of the imposition of Martial Law in Poland. December 13, 1981 was a day that brought death to the miners from the “Wujek” mine, sent thousands of Poles to emigration, and terrified and humiliated millions of people.
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| El Pais |
Spanish government decides that workday ends at 6pm
Congress will today vote on a measure to contravene the PP’s labour reform.
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| Expansion |
President of Galicia Núñez Feijóo: “Galicia to be an example of regional financing”
He asks to tackle health care expenditure separately. The Region’s President has promised to strengthen tax reduction.
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| The Times |
Parents call in lawyers over soaring care costs
Couples would rather die than see children pay.
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| The Guardian |
“This is a final distress call to the world. Save Aleppo”
Residents issue urgent call to help civilians evacuate. Assad loyalists “now control 98% of eastern Aleppo.”
©europeanunion2016
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