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21/09 – Today’s headlines from across the EU

EUROPEAN HEADLINES 

FT EuropeStock exchanges across the world plunge into bear market territory. Equities dragged down by global growth worries. Oil price sinks to another record low.

WSJE – More than 20 dead in campus assault in Pakistan. Gunmen stormed a university campus in northwest Pakistan on Wednesday. A splinter group of the Pakistani Taliban claimed responsibility for the attack.

INYTTaliban kill 22 in assault at Pakistani university. Attack renews fears of a revived insurgency after military crackdown.

BBC Europe – President Putin ‘probably’ approved Litvinenko murder.The murder of ex-Russian spy Alexander Litvinenko in 2006 was “probably” approved by President Vladimir Putin, a public inquiry has concluded. Mr Litvinenko died aged 43 in London days after being poisoned with radioactive polonium-210, which he is believed to have drunk in a cup of tea. Chairman Sir Robert Owen said it was likely Mr Putin signed off the killing following a long-running feud.

FRANCE

Le Monde – The left wing is tearing up over secularism. Manuel Valls harshly criticised Jean-Louis Bianco, the President of the Socialist Observatory for Secularism, on Monday.

Les EchosAn uncontrollable collapse. France’s CAC-40 has tumbled more than 11% in January. Negative impacts of endlessly falling oil price. Pressure grows again on ECB.

GERMANY

Frankfurter Allgemeine Zeitung (FAZ)Vienna decides cap for asylum seekers. Faymann: we can’t welcome them all in Austria. Gauck: limitation not unethical.

Sueddeutsche Zeitung (SZ) – Vienna sets a cap for refugees. Austria wants to accept no more than 127,500 refugees until the end of 2019. The CSU sees a confirmation of its positions. German President Gauck warns against breaking the EU and criticises the lack of solidarity in Eastern Europe.

ITALY

La RepubblicaStock markets: global contagion. Yesterday was once again a very difficult day for EU and US stock markets. €233 billion were wiped off the value of shares on European markets.

Il Sole 24 HoraStock markets crash, Milan: -4.83%. Dark day for European stock markets and for Milan in particular due to the plunging oil price and growth concerns.

POLAND

Gazeta WyborczaThis is how Kaczyński wants to finish off PO. PiS sets its sights on local self-governments as PO-PSL coalition still rules in 15 out of 16 provinces in Poland. PiS plans to use administrative changes as pretence for dismantling PO-PSL coalition in the regions.

SPAIN

El PaísPSOE leaders wary of the pact initiated by Sanchez. Regional leaders want to negotiate a deal with Podemos moderating its demands for a referendum.

ExpansiónMarcelό, Melia, RIU and NH go East. Spain‘s big hotel chains start their conquest of Asia.

 UK

The Times £50bn slide raises fears of market meltdown. More than £50 billion were wiped from the value of Britain’s biggest businesses yesterday as the stock market plunged to its lowest level for four years.

The GuardianPanic selling grips markets as fears for global economy grow. Fears that the global economy could be heading for a repeat of the 2008 financial crash sent shockwaves through financial markets yesterday and a rush by investors to safe havens.

 

©europeanunion2016

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