EUROPEAN HEADLINES
BBC Europe – Ex-European Commission head Barroso under fire over Goldman Sachs job. France has called on the former head of the European Commission, Jose Manuel Barroso, not to take up a job advising US bank Goldman Sachs on Brexit. French Europe Minister Harlem Desir called the move “scandalous” and said it raised questions about the EU’s conflict of interest rules. Ex-commissioners are free to take up a new role 18 months after leaving.
| FT Europe |
Obama launches trade complaint amid growing tension with China
WTO case highlights shift in US sentiment. Move contrasts with softening EU stance. |
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| WSJE |
May quickly shapes her cabinet
British leader names Boris Johnson Foreign Secretary; Hammond to be Treasury Chief. |
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| INYT |
Tory outsider takes helm in rough seas
Theresa May will have to juggle competing goals while pulling Britain from the EU. |
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| Le Monde |
Hollande faced with Macron’s challenge
Emmanuel Macron expressed his ambitions for the 2017 French presidential election during his political movement’s first meeting, on 12 July. |
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| Les Echos |
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| Frankfurter Allgemeine |
German social democrats are preparing for a TTIP failure
“The free trade agreement with America is a dead weight,” says Norbert Römer. Gabriel is criticised for being dishonest. |
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| Sueddeutsche Zeitung |
Cameron goes, May takes over
At his last appearance as PM, David Cameron defended his referendum and called the legalisation of gay marriage his greatest success. |
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| La Repubblica |
“This train was not supposed to go”
Andria’s stationmaster: “I raised the green light but one mistake cannot cause all this.” |
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| Il Sole 24 Ore |
10-year bunds, for the first time rates under zero
Brexit effect: €9.6 billion wiped from equity funds. |
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POLAND
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| Gazeta Wyborcza |
Nature to be axed
Minister of Environment Jan Szyszko goes on a total war with Polish nature. The National Fund for Environmental Protection drops the financing of some programmes executed by too independent NGOs. |
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| El Pais |
The arm wrestling between Rajoy and Sanchez prevents any quick way out of the crisis
The president is ready for investiture on 2 August if the PSOE abstains. The Socialist leader insists on the fact that “for today”, he is taking an opposing stance. The PP presents a programme that does not include any concession to other parties. |
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| Expansion |
Break for the banking sector thanks to floor clauses
The sector saves €4 billion due to Brussels’ approval of the compensations limit. |
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UNITED KINGDOM
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| The Times |
May’s clean break
Osborne sacked as Hammond made Chancellor. Johnson is surprise Foreign Secretary. Brexit backers get roles cabinet. |
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| The Guardian |
May’s pledge to Brexit Britain
Speech to the middle ground on steps of No 10 but then cabinet takes a tilt to the right.
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