EUROPEAN HEADLINES
BBC Europe – Austrian far-right hopeful Hofer may back EU vote. Hofer has said he would push for a referendum on EU membership, if the EU became more centralised after Brexit. He told the BBC that while the 28-country bloc was important for Austria, he wanted a “better European Union”. Austria’s presidential vote re-run is on 4 December and the polls indicate the result is too close to call.
| FT Europe |
US bonds hit as election result and sales data drive bets on inflation
10-year Treasury yield jumps 10bps. Dollar at 13-year peak. Rate rise odds shorten. |
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| WSJE |
UK to lift post-Brexit spending
Treasury chief Hammond plans billions in extra spending to boost economy. |
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| INYT |
India’s children gasp for air
Young and vulnerable choke in New Delhi smog; both rich and poor at risk. |
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| Le Monde |
Civil service: How Juppé and Fillon want to reduce public employment
Alain Juppé, and to a greater extent François Fillon, are promising to make unprecedented employment cuts in the public service. |
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| Les Echos |
The exodus of wealthy taxpayers continues
Departures of households earning more than 100,000 euros continue to increase. The United Kingdom, the United States and Switzerland are among the favoured destinations. |
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| Frankfurter Allgemeine |
Merkel demands openness instead of foreclosure
Budget debate in the shadow of the elections in America. Wagenknecht (of the left party) praises Trump. |
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| Sueddeutsche Zeitung |
Brexit costs British tens of billions
Low growth, more inflation, higher debt: In his first budget, the treasurer presents gloomy figures. London reduces taxes to mitigate the social consequences of Brexit. |
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| La Repubblica |
Anti-mafia authority investigating De Luca, another procedure targets M5S
10 days before the referendum, the political climate is getting even more poisonous. |
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| Il Sole 24 Ore |
Banks, Europe rewrites the rules
The EU Commission has put forward a package of proposals for the credit sector. |
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| Gazeta Wyborcza |
Killed by air
The European Environment Agency reports that 51,000 Poles die in the result of air pollution every year. Poland is second most polluted EU Member State, next to Bulgaria.
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| El Pais |
Rita Barberá died amid suspicion of corruption
PP’s officials praise the political career of their ex-leader, who was investigated by the Supreme Court. “She dedicated her life to the party”, Rajoy recalls. |
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| Expansion |
Endesa: super dividend
The electricity company will distribute 6 billion euros to shareholders until 2019. |
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| The Times |
Hammond builds for Brexit
Chancellor’s spending spree on housing, roads and railways. |
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| The Guardian |
Revealed: The £59bn cost of Brexit decision
Growth and tax receipts set to fall. Inflation and borrowing to rise.
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