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EUROPEAN HEADLINES |
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FT Europe |
Investors signal Bayer’s $62 billion offer for Monsanto is not enough. Deal would be biggest all-cash takeover. Latest attempt at blockbuster tie-up in sector.
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WSJE |
Bayer offers $62 billion for Monsanto. German pharmaceutical and chemicals giant Bayer AG on Monday said it made an all-cash offer to acquire Monsanto Co. for $62 billion, valuing the US company at a substantial premium in a deal that would create the world’s largest agrochemicals company.
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INYT |
Obama lifts decades-old ban on arms for Vietnam. President denies move is part of strategy to help Hanoi counter Beijing. |
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BBC Europe |
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FRANCE |
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Le Monde |
Research: Anger of French Nobel Prizes. In an opinion piece in Le Monde, seven Nobel Prizes protest against the cancellation by decree of almost €200 million granted to the research budget.
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Les Echos |
Industry, labour law: Macron without any taboos. We must go beyond the El Khomri law, says the Economy minister. |
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GERMANY |
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Frankfurter Allgemeine |
Van der Bellen is the new President in Austria. 31,026 votes ahead of FPÖ candidate. Relief abroad.
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Sueddeutsche Zeitung |
Van der Bellen elected President of Austria. The Green candidate wins with only 31,000 votes ahead of right-wing populist Norbert Hofer. The latter admits defeat and says how much he would have liked to “nurse” the country. |
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ITALY |
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La Repubblica |
Green Austria chooses Europe, far right beaten. It was a small but symbolic victory for Van der Bellen in the Austrian presidential elections, who won 50.3% of the votes.
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Il Sole 24 Ore |
IMF: Italian reforms are good, now time to reduce taxes and debt.The plans anticipate a 3%-4% annual penalty for pensions. |
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POLAND |
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Gazeta Wyborcza |
Brussels waits and sees whether the Polish government makes concessions. The government headed by Prime Minister Beata Szydło tries to convince the European Commission of its willingness to compromise over the Constitutional Tribunal. Brussels does not really believe in this assurance. |
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SPAIN |
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El Pais |
Rajoy’s letter to Brussels dismantles his economic promises.Opposition parties reject Rajoy’s commitment to Juncker. Sanchez accuses the current president of “openly lying” with his electoral offer.
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Expansion |
Telefonica hires BBVA and Caixa in order to enable Telxius to go public. The subsidiary will go public through a public offer by mid-July. |
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UK |
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The Times |
Landmark ruling gives green light to fracking. Yorkshire council backs industry despite protests.
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The Guardian |
Christians now outnumbered as UK becomes less religious.Study reveals a stark increase in number of “nones.” Anglican and Catholic churches failing to recruit.
©europeanunion2016 |
