27/08 – Today’s headlines from across the EU

EUROPEAN HEADLINES

FT – Leading Fed official says case for rate rise is now “less compelling.” Expectations of September increase fade. Dudley points to risks from China turmoil.

WSJE – In China, who wins, who loses? Multinational consumer firms show resilience.

INYT – Lost on the border. Chaos broke out Wednesday near the Greek town of Idomeni after the police tried to regulate the passage of migrants across the border to Macedonia. Some children were separated from parents. In Germany, leaders responded to violence against refugee by visiting reception centres with a message of acceptance.

FRANCE

Le Monde – A part of the Catholic Church has chosen dialogue with the Front National. For the first time, members of a diocese have invited an FN member to take part in a debate on Saturday 29 August.

Les Echos – Taxes: the left-wing divided on Hollande’s promise. The President wants to reduce income taxes. On the contrary, former Prime Minister Jean-Marc Ayrault proposes to lower the CSG tax in 2016. He once again calls for a comprehensive tax reform.

GERMANY

Frankfurter Allgemeine (FAZ) – Gauck: there is a bright and a dark Germany. Merkel in Heidenau: no tolerance for intolerance, and more money for Federal states and municipalities.

Sueddeutsche Zeitung – “Germany helps where help is needed.” As a response to xenophobia, German President Gauck and Chancellor Merkel visited refugee shelters. The Federal Interior Minister wants to speed up asylum procedures and amend allowances.

ITALY

La Repubblica – Interior Ministry: “twenty thousand refugees are arriving.” Some former fire stations and prisons will be re-opened to host migrants. 51 bodies found in the hull of a migrant ship.

Il Sole 24 Ore – Instability in stock markets but Wall Street surges as rate hike expectations recede. European stock markets are affected by the Chinese crisis and end the day in the red, -0,81% for Piazza Affari. Wall Street rises by 3, 90%.

POLAND

Gazeta Wyborcza – Selling tapes. Secrets service agents from the so-called Vienna Group are offering for sale some 700 hours of illegally taped conversations of top politicians and businessmen. One of the tapes recorded Donald Tusk and Jan Kulczyk in 2014 discussing Kulczyk’s need for protection from Russian provocation for his Ukrainian investment.

SPAIN

El Pais – Desperation and chaos scenes at Europe Eastern frontier. El Pais reporter witnesses migrants’ entry into Hungary. The government mobilises 2,100 policemen.

Expansion – Abengoa is negotiating to let an Arabian fund enter its capital. The stock market trusts the rescue plan and the companies’ shares soar 52% in three days.

The Times – New anger over Chilcot delay. Relatives facing months of anguish as first witness criticises inquiry.

The Guardian – Government accused of war on BBC. Award-winning writer attacks ministers and media giants over corporation.