EUROPEAN HEADLINES

FT – AB InBev eyes SABMiller takeover to create $275 billion mega brewer. Combination would make one in three beers. 14 October deadline for formal offer.

WSJE – AB InBev goes after SABMiller. Beer giant to propose a massive acquisition; antitrust review would be intense and global.

INYT – Riot police clash with migrants in Hungary. Officers at border post use batons and tear gas to turn back hundreds.

FRANCE

Le Monde – Putin calls for a coalition with Assad against the Islamic State. In an address to the UN General Assembly, the Russian President calls on the West to cooperate with Damascus to defeat Islamic State.

Les Echos – Lower charges: French bosses feel betrayed. The government confirms the three-month postponement of the lowering of contributions for companies. The Medef union denounces a “major setback.” Growth, deficit: Bercy maintains its fiscal targets and expects a rebound in investment.

GERMANY

Frankfurter Allgemeine – Hungary uses water cannons and tear gas against refugees. New refugee route via Croatia. France also plans to introduce border controls.

Suedeutsche Zeitung – Federal States consider De Maizière’s refugee policy to be method-less. During the refugee summit, Prime Ministers of Federal States attacked the crisis management of the Federal Interior Minister.

ITALY

La Repubblica – No deal reached today, challenge in the Senate. The Senate will start discussing constitutional reform today, despite strong opposition.

Il Sole 24 Ore – Fed debates interest rates: stock markets and oil rise. Stock markets bet on the fact that the Fed won’t raise rates, Shanghai +4.9%, Milan +0.71%, oil over $47 per barrel.

POLAND

Gazeta Wyborcza – With or without Europe. Prime Minister Ewa Kopacz calls for solidarity with Europe over refugees. PiS vetoes and proposes that Poland co-finances refugee camps rather than lets refugees into the country.

SPAIN

El Pais – Catalonia would have to leave international organisations. If Catalonia was to declare its independence, it would not only leave the EU but also all international organisations (UN, IMF, NATO, G20….).

Expansion – Inditex rises by 26% and registers a record year. The group records €1.166 million in the first half of the year.

UK

The Times – Top Labour donor calls on MPs to quit party. I’ll pay defectors to abandon comrade Corbyn, vows tycoon.

The Guardian – Archbishop in high-stakes bet to save church. Wellby summons Anglican leaders to tackle widening rift over sexuality.

©europeanunion2015