EUROPEAN HEADLINES
BBC Europe – Italy forced to bail out two more banks. Italy’s government is bailing out two banks in the Venice region at a cost of 5.2bn euros (£4.6bn; $5.8bn). The move comes two days after the European Central Bank warned that Banca Popolare di Vicenza and Veneto Banca were failing or likely to fail. The banks’ “good” assets will be taken on by Intesa Sanpaolo banking group.
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| Les Echos |
Contribution cuts: Macron’s fiscal conundrum
Conversion of CICE into contribution cuts will not happen before 2019. Reform of local taxes will lead to strong regional disparities. |
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| Handelsblatt |
“Stultification of voters”
Finance Minister Wolfgang Schäuble harshly criticises the SPD. The party’s tax programme is disappointing, the announced pension reform a transparent attempt to stultify voters, he explains in an interview with Handelsblatt. |
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| Frankfurter Allgemeine |
Schulz accuses Merkel of attacking democracy
SPD-chancellor candidate: Bundestag election is a directional decision. Election programme approved. |
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| El Pais |
Puigdemont fails his attempt to mobilise the vote of Catalans abroad
Only 5,000 Catalans have registered to vote in the independence referendum. The Catalan regional government seeks support from foreign jurists. |
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| Die Presse |
Progress on tax havens European Union
LuxLeaks, Panama-Papers, Malta Files: Disclosures on tax fraud and money laundering have encouraged the EU to set up overdue reforms. Resistances are still high and abundant however. |
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| De Morgen |
The immigration authorities mess up
A nine-year-old unaccompanied boy disappears without a trace, and nobody reports this. |
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| Capital Daily |
The satellite of Bulsatcom goes to space following an investment of USD 235 million
The first Bulgarian private satellite BulgariaSat-1 of telecom company Bulsatcom was successfully launched on 23 June. |
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| Hospodarske Noviny |
Czech teachers earn the least in the EU
Deputies to approve career system; budget is affected as well. |
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| Information |
Commentary: There is not one but many smoking guns in the case against Minister Inger Støjberg
The worst part about the case against Danish Minister for Immigration and Integration is not the illegal acts themselves. Instead it is the fact that a majority of the Danish Parliament is in favour of changing the principle that ministers must face consequences, if they misuse their position. |
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| Naftemporiki |
Asphyxiating timelines
The government is called to fulfil particularly difficult interventions by the end of the year. |
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| Publico |
The daycare centers financed by the government are free to only admit rich children
The Social Security confirms that institutions are not subject to income quotas. The state finances more than €1.2 billion a year for these institutions without looking at the wealth of users or their families. |
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