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EUROPEAN HEADLINES |
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| FT Europe |
VW moves to draw line under US scandal with offer to buy back cars. 480,000 vehicles in line to be repurchased. Estimates put final bill in excess of €45 billion.
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| WSJE |
ECB reopens door to rate cuts. Draghi stresses bank’s independence as he fends off criticism of policy from Germany.
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| INYT – IHT |
Latest landmark gets a Parisian welcome. Soaring canopy is greeted with resignation, relief and notes of nostalgia. |
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BBC Europe |
Obama: UK more effective at fighting terror inside EU. The UK’s ability to fight terrorism will be “more effective” if it sticks together with its European allies, US President Barack Obama has said. Writing in the Daily Telegraph, Mr Obama said being in the EU magnified Britain’s influence across the world.
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FRANCE |
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| Le Monde |
Macron launches his offensive. The ex-banker wants to “build a presidential project” for 2017. The Minister’s future as a member of the government is increasingly being questioned.
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| Les Echos |
Bolloré does not abandon the idea of closing Canal+. Vivendi concerned about the sharp deterioration in the French TV channel’s deficit. A partnership with BeIN is considered imperative. |
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GERMANY |
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| Frankfurter Allgeimene Zeitung (FAZ) |
Volkswagen needs more money for compensation in America. Agreement with authorities in the exhaust scandal. Repurchase of diesel cars. Relief for the stock market.
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| Sueddeutsche Zeitung |
Schäuble calls for retirement at 70. Because men now live longer, the Finance Minister wants to postpone retirement age and reaps widespread criticism. A study shows that young people expect the state to drive them more towards pension schemes. |
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ITALY |
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| La Repubblica |
Draghi counter-attacks “The ECB does not work exclusively for Germany.” The President addressed German fiscal hawks, calling for politics to remain outside of the ECB’s affairs. |
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Il Sole 24 Ore |
Draghi: the ECB is independent; it does not obey to politicians.Merkel: independence, ok, but the debate over rates is legitimate. |
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POLAND |
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Gazeta Wyborcza |
State protects and screens. The Interior Ministry published on its website a draft bill of its anti-terrorist law. The bill considers providing the Internal Security Agency (ABW) with special powers that invade Poles’ privacy. Planned to be adopted quickly, the new law is to protect the country against acts of terror ahead of the upcoming International Youth Days and NATO Summit. |
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SPAIN |
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El Pais |
The General Council of the Judiciary justifies the payments the judges received from Ausbanc. Judges and prosecutors warn that payments to take part to conferences can damage impartiality.
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Expansion |
Punishment for any bank giving very cheap credits. The Bank of Spain will oblige banks to pay the cost of the operations. |
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UK |
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The Times |
Don’t turn away from EU, Obama tells Britain. President: war sacrifice gives US a stake in debate.
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The Guardian |
Prince. 1958-2016.
©europeanunion2016 |
