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EUROPEAN HEADLINES |
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FT Europe |
Raid on Google’s Paris office raises stakes in tax battle with US tech. French prosecutors step up investigation. Up to €1.6 billion in back taxes said to be targeted.
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| WSJE |
Monsanto rejects Bayer’s offer. US company says it is open to talks, putting pressure on German firm to sweeten bid.
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INYT |
Overtures by Obama fail to dispel Asian doubts. Across region, officials are unsure about US commitment to a “pivot.” |
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BBC Europe |
Florence’s Arno river bank collapses. A section of the embankment of the River Arno in central Florence collapsed on Wednesday morning, sending part of the road and several vehicles into a newly formed ditch. The collapse took place very close to the famous Ponte Vecchio, a medieval covered bridge over the Arno. |
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FRANCE |
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Le Monde |
CGT and Valls choose confrontation. 20% of gas stations were closed on Tuesday morning. The eight French oil refineries voted in favour of strike action.
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Les Echos |
The CGT union is losing momentum in its blocking strategy.Committed to the fight against the government, the CGT union expands the movement. Total’s CEO threatens to “seriously review” the investments projected in France. |
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GERMANY |
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Frankfurter Allgemeine |
High praise for Greece in Brussels. Athens may hope for new aid loans. Schäuble insists on IMF involvement.
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| Sueddeutsche Zeitung |
Serious shortcomings in care homes. Are patients regularly receiving their medication, do they drink enough? A study evaluates what is really important and the results contradict the official more positive inspection marks of TÜV. |
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| ITALY |
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La Repubblica |
Retirement Pensions, here’s the reform. Negotiations between unions and the government have resumed; Renzi promises more to those who earn less.
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Il Sole 24 Ore |
Stock exchanges: rush on the banks, the ECB studies a plan for non-profitable loans. Milan: +3.34% (best in Europe), the spread decreases. |
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POLAND |
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Gazeta Wyborcza |
Reform of junk job contracts starts generating profits. As a result of imposing a social insurance tax on fee-for-task agreements, the so-called junk job contracts, the Social Insurance Institution receives PLN 50 million monthly more than before the tax. |
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SPAIN |
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El Pais |
The PSOE offers more than 200,000 jobs in the public sector.Pedro Sanchez plans to invest €2.6 billion to create 2-year temporary jobs.
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Expansion |
Abertis and Sacyr seek to grow in Latin America. The Spanish groups are interested in assets belonging to competitors in crisis in Brazil and Mexico. |
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UK |
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The Times |
Care workers see 150,000 children over Baby P concerns. Pre-school abuse referrals leave staff swamped.
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The Guardian |
The London skyscraper that is a stark symbol of the housing crisis. The tower: under-occupied, astonishingly expensive, mostly foreign owned, and with dozens of apartments held through secretive offshore firms. ©Europeanunion2016 |
