European Headlines
FT – QE and US rate expectations push euro to 12-year low. Wall Street stocks knocked as fears grow over impact of stronger dollar.
WSJE – ECB effect: euro, yields keep falling. The fall in the euro accelerated Tuesday and bond yields in the Eurozone hit record lows, as the effects of the European Central Bank’s bond-buying programme continued to grip markets.
INYT – New left shakes up the politics of Spain. Leader refines a message of change as his upstart party draws a following.
France
Le Monde – Deadly crash in Argentina, the sports world mourns. Eight French citizens, including three high-level athletes, died in a collision between two helicopters in Argentina on March 9.
Les Echos– The new law worrying big companies. Draft law presented by the PS, debated this morning by a committee of the National Assembly, and has employers panicking. Companies will have to ensure that their subcontractors respect fundamental rights. They could face fines up to €10 million.
Germany
Frankfurter Algemeiner – Obama accuses Republicans of playing a dangerous game with Iran. The US President is outraged by a letter Republicans sent to Iran and accuses them of forcing America into a military conflict.
SudDeutsche Zeitung – Fear for peace in Mariupol. While Ukrainian President Poroshenko has acknowledged progress in the withdrawal of heavy weapons, fights are intensifying over the strategically important city in eastern Ukraine.
Italy
La Republica – The court of Cassation absolves Berlusconi. In Ruby trial, the verdict has fallen. Silvio Berlusconi has been proven innocent of the crimes that were attributed to him. For the Court of Cassation, there has been neither offence of concussion, nor offence of having relationship with a minor prostitute.
Il Sole 24 Ora – Euro nearing parity with US dollar. The single currency fell to a 12-year low at $1.07. Debt maturities in Italy and Spain have hit their lowest yields on record at +1.17% and 1.23%.
Poland
Gazeta – Russia’s new threat. Russia denounces the Treaty on Conventional Armed Forces in Europe.
Spain
El Pais – Spanish Interior Ministry investigates on police chief Villarejo’s private activities. Internal Affairs has opened two cases on the policeman’s actions.
Expansion – Brufau to leave executive powers in Repsol. CEO Josu Jon Imaz will be in charge of most of his functions.
UK
The Times – Dementia clinics are swamped by worried well. Fears drive the middle aged to seek checks.
The Guardian – Minorities hit by huge surge in joblessness. Labour condemns coalition for 50% rise among non-white young adults.
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