Public Affairs Networking
Today’s headlines from across the EU

 

European Headlines
FT Exxon chief “settles in” for long period of low oil prices. Tillerson says resilient US industry will be able to compete internationally.
WSJEAs rates go below zero, it’s Y2K II. Widespread negative interest rates, once only a theoretical possibility, have become a real-life problem for Europe’s financial system.
INYT – Fears still stalk Liberia as Ebola ebbs. Despite easing of crisis, parents wary of sending children back to school.
France
Le MondeThe future president of France Télévisions will have to make drastic choices. In the run up to the selection of the new France Télévisions president, the culture and economy ministers have set out a roadmap for the group.
Les EchosFrench nuclear power: challenges to the rescue plan. Areva confirms 4.8 billion in losses. Management still requires several months to balance its funding plan. The State prods EDF to back its supplier.
Germany
Frankfurter AlgemeinerCoalition infighting now turns to solidarity tax and child care allowance. SPD leader Sigmar Gabriel says the CDU-CSU has performed a U-turn. Chancellor Merkel tries to defuse the dispute.
SudDeutsche Zeitung SPD accuses Merkel of flip-flopping. Social Democrats criticise the CDU-CSU plan to reduce the solidarity tax. Chancellor Merkel is said to have supported the tax until recently, but CSU Head Seehofer is to now dictate the path to be tread.
Italy
La RepublicaJustice: new divisions on anti-corruption rules. Chaos within the Northern League. Just one year after it was unveiled, the reform of anti-corruption rules is still a bone of contention for the government. The situation of the Northern League party, led by Matteo Salvini, also continues to deteriorate.
Il Sole 24 Hora – Markets “anticipate” ECB’s QE programme and euro plummets to $1.1063. Euro drops to 11-year low before ECB meeting, as growth diverges from U.S. and Draghi warns that liquidity does not equate to economic pickup.
Poland
Gazeta – Each one of us is naked. TV sets tape everything we say at home and hackers steal from us on the Internet because we have placed there one piece of information too much. Internet data turnover is XXI century’s human trafficking.
Spain
El PaisJuncker: “There is no diabolical plan from Spain and Portugal against Greece”. Rajoy says that Tsipras must “meet his commitments”.
ExpansionCaixaBank to sell 2.5% of Repsol. The bank will keep 9% of Repsol, just like Sacyr.
UK
The TimesOsborne planning tax cut for workers. Labour fears giveaway budget as poll piles on pressure.
The GuardianTime for external regulator to oversee BBC, says trust chair. Damaging scandals at the corporation show need for change, admits Fairhead.

 

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