EUROPEAN HEADLINES
FT – Economic nerves return to torment China equities. Fears slowdown worse than thought. US Fed expected to put off rate rise.
WSJE – Europe tightens borders. Austria, Slovakia follow German move to reinstate checks to control migrant flow.
INYT – Influx forces Merkel into about-face on borders. Inability to accommodate arrivals in Bavaria was Germany’s tipping point.
FRANCE
Le Monde – Europe: the principle of free movement scrapped by the influx of refugees. Germany restored on Sunday border controls with Austria and does not rule out the possibility of extending the measure.
Les Echos – How Airbus plans to conquer America. The aircraft manufacturer inaugurated on Monday its plant to assemble A320 jets in Mobile, Alabama. If Airbus manages to gain market shares in the US, its investment will be easily paid off.
GERMANY
Frankfurter Allgemeine (FAZ) – No agreement on refugee quota. A decision is to come in October, at the earliest.
Suedeutsche Zeitung – Crisis summit at the Chancellery. One million refugees expected in Germany by the end of the year, says Economy Minister Gabriel.
ITALY
La Repubblica – EU: Military forces to be used against people smugglers while Brussels argues about quotas. The EU has approved the use of military forces against human smugglers. The aim is to arrest traffickers and sink their boats before they attempt to ferry people across the Mediterranean. However there is still no agreement with Eastern European countries on the relocation of 120,000 refugees.
Il Sole 24 Ore – Aid and employment bonus: here is the plan for the south. As part of the EU flexibility clause, investments totaling 3 billion could be readied for southern Italy’s revival plan. The funds would be destined to projects that are ready to go. The government will present its official plan for southern revival on 15 October.
POLAND
Gazeta Wyborcza – Is Schengen dying? Yesterday, EU countries failed to share the additional 120,000 refugees. Decision on setting obligatory quotas for specific EU member states was postponed to October.
SPAIN
El Pais – The Spanish Constitutional Court temporarily halts Mas’ plans for a Catalan tax agency. The suspension of a key article of the Catalan tax law goes against the pro-independence agenda. The Generalitat insists on the fact that it will go on.
Expansion – Catalonia: the economic sector unites against secession. Concerns due to juridical uncertainty, instability and funding difficulties.
UK
The Times – Unions join attack on Corbyn’s top team. ‘Mad’ choice of shadow chancellor angers allies.
The Guardian – Corbyn gathers his cabinet and makes first moves to rally MPs. He counters critics by naming 16 women in cabinet. MPs ask for clarity on Trident, Nato and Europe. Concerns also voiced about handling of media.
©europeanunion2015
