Public Affairs Networking
27/07 – Today’s headlines from across the EU
EUROPEAN HEADLINES
FT – Energy groups postpone $200 billion in projects as oil price slumps again. Wider commodities rout hits spending plans. BP, Shell and Chevron among those cutting costs.
WSJE – Energy firms in US plan more layoffs. US energy companies are planning more layoffs, asset sales and financial maneuvers to deal with a recent, sudden drop in US crude oil prices to under $50 a barrel, the lowest level in four months.
INYT – Men and laws, thrown overboard at sea. Slavery and abuse thrive on Thai fishing boats, with catch bound for US.
  FRANCE
Le Monde – Cholesterol: the new battle between pharmacy giants.The US authorised on July 24th the marketing of Praluent, an anti-cholesterol drug sold by Sanofi. Europe should follow.
Les Echos – The surprising blow of the State as a shareholder.Resignation without explanation of the head of the State Shares Agency. Crucial week for Areva’s rescue, in an atmosphere of high tension.
   GERMANY
Frankfurter Zeitung (FAZ) – First cuts in the health sector: limitations on examinations and visits. A reform package has been making its way through Italian law. Doctors will now have to pay out of their pocket for any prescription that does not respect the new regulations.
Suedeutsche Zeitung (SZ) – Funds and accounts under “stress.” Spending on pension funds has risen more than contributions to the funds. Since 2009 there has been a 20% increase in people covered by these funds resulting in a 32% increase in spending.
  ITALY
La Repubblica – First cuts in the health sector: limitations on examinations and visits. A reform package has been making its way through Italian law. Doctors will now have to pay out of their pocket for any prescription that does not respect the new regulations.
Il Sole 24 Ore Funds and accounts under “stress.” Spending on pension funds has risen more than contributions to the funds. Since 2009 there has been a 20% increase in people covered by these funds resulting in a 32% increase in spending.
  POLAND 
Gazeta – cordial hug of business. Vladimir Putin fully supports Sepp Blatter, and the other way around. The FIFA World Cup in 2018 in Russia is rather unthreatened. Such a situation occurs despite a big corruption scandal in the FIFA.
  SPAIN
El Pais – Catalans do not believe in a pact to solve the independence crisis. Most Catalans and Spaniards hold Mas and Rajoy responsible for the unavoidable clash to come.
Expansion – Former Virgin executives acquire Telecable. Zegona will pay €650 million cash and the company will be listed in London stock market.
  UK
The Times – Act now or risk losing valuable pension perk.Tax relief worth thousands under threat, minister warns.
The Guardian – Black Britons “worse off” after budget. Thinktank estimates benefits cuts will hit 4m people and 1.25m homes. ©europeanunion2015
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