EUROPEAN HEADLINES

FT – Top executives facing cull in Deutsche Bank overhaul. Investment unit to be split in two. Upheaval in sector gathers pace.

WSJE – Not wanted at lenders: cash. Driven by regulations and low interest rates, US banks are warding off large deposits.

INYT – Refugees step up pace as winter bears down. Officials across Europe scramble to find facilities before temperatures drop.

FRANCE

Le Monde – Why is Putin entering war in Syria? In the air and also on land, the Russian army multiplies operations in Syria. For the first time in a quarter century, Moscow makes a military intervention far from its former Soviet feud.

Les Echos – Retirement: what will change for private sector employees? Employees and executives will have to work one more year. Details on a negotiation which took place behind the scenes. The social conference opens its doors in a tense climate.

GERMANY

Frankfurter Allgemeine – Merkel promises to provide Turkey with money and Visas. In the refugee crisis, Merkel seeks help in Istanbul. In return, she is ready to respond to demands by President Erdogan.

Sueddeutsche Zeitung – Political mandate vs. business client. An influent MP gets into a conflict of interest about VW.

ITALY

La Repubblica – Italian Episcopal Church’s attack on civil union: family excluded: No to short-sighted politics, according to Bishop Galantino. For Boschi: “For adoptions, there is a freedom of conscience.” For Bersani, “the manoeuvre is against the Constitution.”

Il Sole 24 Ore – Tasi, Imu and extension of bonuses: here are all the new measures for housing. Italian government agrees to cut local taxes on housing by €5 billion and to extend bonuses on building.

POLAND

Gazeta Wyborcza – A conspiracy election theory. The Election Control Movement (RKW) and PiS party will track down the election fraud with help from 40,000 auditors of ballot boxes. The case is a recount of votes cast last year in elections to local self-governments, when 18% votes turned out to be invalid.\

SPAIN

El Pais – Pedro Sanchez promises measures to strengthen the state’s secular nature. He projects to claim the goods that the Church took over.

Expansion – Bankinter and Popular: revolution in the mortgage sector. Loans for 100% of the properties’ value are back.

UK
The Times – Spies guard nuclear sites from China cyberattack. GCHQ role is revealed on eve of state visit.

The Guardian – PM dismisses risk of rift with US over China. Cameron says “golden era” and state visit won’t harm special relationship.

©europeanunion2015