EUROPEAN HEADLINES
BBC Europe – Deadly earthquake strikes central. A magnitude 6.2 earthquake has struck central Italy, leaving at least 73 people dead and many others trapped under rubble, reports say. Many of the dead were in the village of Pescara del Tronto which was levelled to the ground and there were fears the number could rise. Much of the town of Amatrice was reduced to rubble and a family of four were feared dead nearby in Accumoli.
| FT Europe |
Banks seek to harness blockchain technology for settlement system
UBS, Deutsche, Santander and BNY team up; Push to establish industry standard. |
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| WSJE |
Claims mount against VW
Automaker faces uphill battle globally over emissions scandal. |
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| INYT |
Egyptians take to the streets to sweat
In new fitness revolution, young people gather so they can get a workout. |
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| Le Monde |
The King of Morocco wants to embody moderate Islam against terrorism
Mohammed VI firmly reminded, on Saturday 20 August, that he was the “commander of the faithful”. |
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| Les Echos |
Tax cuts at the centre of the political rentrée
Manuel Valls announces targeted tax cuts for 700,000 SMEs. Right-wing presidential candidates multiply tax cuts propositions ahead of the primary. |
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| Frankfurter Allgemeine |
Volkswagen settles dispute with suppliers
No compensation. Normal production only next week. Debate on short-time working. |
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| Sueddeutsche Zeitung |
Suppliers win against VW
Orders for the next six years and millions of payments: companies wrestle concessions from the global player but the carmaker may also place orders at other manufacturers in the future. |
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| La Repubblica |
Renzi and Hollande’s deal with Merkel: 10 billion of flexibility
In the Ventotene agreement, opening to changes. Negotiations with the Ecofin ministers. Juncker: “I stand with Italy”. |
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| Il Sole 24 Ore |
European stock exchanges recover, Milan driven by banks
The Eurozone’s SME economic indicator is growing. |
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| Gazeta Wyborcza |
Confusion of schools
After strong protests from local Self-Governments and the primary schools’ principals, the Ministry of National Education (MEN) changes one of the main guidelines of its reform of education in Poland. It decides that starting from 2017, there will be an eight-year long primary schools in Poland. Experts criticise MEN for hastiness of the decision and lack of time to draw a reliable curriculum. |
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| El Pais |
The PP-Ciudadanos pact limits the conditions of resignation for corruption
Only people accused of personal enrichment or illegal funding will have to resign. Rivera proposes to extend the agreement to the other parties. |
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| Expansion |
CNMV controls Repsol regarding its risk in Venezuela
CNMV has asked Repsol for explanations regarding its 2015 accounts, when it suffered record losses. |
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| The Times |
Rail company accuses Corbyn of dishonesty
Labour leader ignored empty seats before attacking ‘ram-packed’ service, Virgin says. |
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| The Guardian |
Corbyn fends off Branson attack
Labour leader defends claim of ram-packed train
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