European Headlines
FT – Fed faces rate dilemma as dollar strength squeezes export earnings. US currency close to euro parity. Global corporations raise fears. Key meeting looms.
WSJE – Most banks get Fed nod on capital. Twenty-eight of 31 large banks received Federal Reserve approval to return capital to investors on Wednesday, but only after some of the biggest Wall Street firms came perilously close to failing the regulator’s annual stress test.
INYT – Beijing fears for Dalai Lama’s (after) life. Talk of no reincarnation threatens to thwart plans to engineer succession.
France
Le Monde – Education: towards the end of a standardised middle school? Education Minister Najat Vallaud-Belkacem launches her reform of secondary education.
Les Echos – Easy money gets European markets on fire. The CAC 40 index exceeds 5,000 points. Interest rates have never been that low in the euro zone. The single currency could hit parity with the dollar.
Germany
Frankfurter Algemeiner – Berlin rejects debate on Greek reparations claims. Federal government spokesman Steffen Seibert said the issue is legally and politically closed.
SudDeutsche Zeitung – Athens threatens Berlin to seize German property. Threatening to seize German state property in Greece if necessary, the Greek Minister of Justice has exacerbated the debate on reparations claims.
Italy
La Republica – “I go back to the field to win.” On his way out of the Court of Cassation, Berlusconi declared: ‘courageous judges, the judgment heals the fractures.’
Il Sole 24 Hora – Major structural and infrastructure works, just 8% has been carried out. The ‘Target law’ implemented in 2001 hasn’t reached its goals. The report published by the Chamber of deputies demonstrates that out of a total of €285 billion, barely €23.8 billion have been used until now.
Poland
Gazeta – Painless labour – finally. Ministry of Health and NFZ work on regulations that will enable to refund labour anesthetisation.
Spain
El Pais – Barcenas accuses the PP of illegal funding during the 2014 European elections. The PP former treasurer also denounces irregular payments to companies in the Balearics.
Expansion – Banco Madrid’s administration board resigns during plenary session. The Bank of Spain will take the reins of Andorran bank BPA’s subsidiary.
UK
The Times – True scale of child mental health crisis uncovered. Times campaign calls for revolution in treatment.
The Guardian – Muslim “fifth column” fuels fear – Farage. Ukip leader says he would get rid of irrelevant anti-discrimination laws.
©europeanunion2015