EUROPEAN HEADLINES

FT – US regulator signals first moves to rein in risks of high-speed trading. CFTC seeks to avoid “flash events.” Proposals include “kill switches” and order limits.

WSJE – Syria conference planned. US, Russia, Turkey and Saudi Arabia expected to meet Friday on the crisis.

INYT – Putin shows his power in calling Assad to Moscow. Surprise meeting brings talks on Syrian conflict and political transition.

FRANCE

Le Monde – New wave of refugees coming to Europe. Over the past few days, the wave of Syrians, who are fleeing war and heading to Europe has once again increased.

Les Echos – Economy ministry plans to tighten up diesel taxation. The government wants to encourage businesses to buy gasoline-powered cars for their vehicle fleet. VAT deductibility to be extended and corporate vehicle tax to be increased for diesel-powered cars.

GERMANY

Frankfurter Allgemeine – No on-going progress for the government in the negotiation on transit zones. SPD balks. Government spokesman Seibert reports on constructive dialogue. EU special summit on refugee crisis.

Sueddeutsche Zeitung – BKA warns of violence against refugees. The federal criminal office also speaks of possible acts of violence from the far-right spectrum against politicians or operators of refugee centres.

ITALY

La Repubblica – Reckless spending: Barracciu (Democratic Party) resigns. Yesterday, Francesca Barracciu, Deputy Minister of Culture, had to resign following the disclosure of her €81,000 expenses between 2004 and 2009, when she was Regional Councillor in Sardinia.

Il Sole 24 Ore – Ferrari is running at Wall Street. Fca reopens the alliance file. Ferrari is worth $10.4 billion. Yesterday, the share price increased by 5.8% and reached $55. Now Fiat Chrysler is reopening the possibility of a merger with Ferrari.

POLAND

Gazeta Wyborcza – TNS polls after Kopacz – Szydło debate show that PiS is winning with 32.5% support, PO comes second with 26.3% and public support for other political parties is a great unknown.

SPAIN

El Pais – The 3% scandal strikes in the heart of Mas and the Generalitat of Catalonia. The Democratic Convergence of Catalonia’s treasurer has been arrested, so was the head of Catalonian infrastructures.

Expansion – El Corte Inglés: express credits for clients with cards. The group offers new funding lines in order to postpone the payment of purchases.

UK

The Times – Banks must help savers to find deal with rivals. Scandals and errors prompt sweeping reform.

The Guardian – Central Bank says EU makes Britain more dynamic. Carney intervention likely to bolster Cameron in Brussels negotiations.