European Headlines

FT – German stocks big winners from ECB bond-buying. Record close for Frankfurt’s Dax index takes overall climb this year to 24%.

WSJE – In Russia, recession fears mount. In his first public appearance since 5 March, Vladimir Putin has warned of economic pain that could last two years.

INYT – Netanyahu says he won’t back state for Palestinians. On eve of close election, Israeli leader scrambles for votes by veering right.

France

Le Monde – The Vanuatu catastrophe, new alert of climate change. The Vanuatu archipelago, in the Pacific Ocean, was ravaged this past Friday by an extremely violent cyclone, with winds reaching up to 330 km/h.

Les Echos – Tax optimisation: Brussels takes action. The European Commission will impose transparency on tax rescript from 2016.

Germany

Frankfurter Algemeiner – Schäuble settles accounts with Greek government. The Federal Finance Minister says “Athens has destroyed trust of European partners”; Tsipras expected in Berlin.

SudDeutsche Zeitung – Merkel wants to talk to Tsipras. Despite tensions, the Chancellor has surprisingly invited the Greek Prime Minister to Berlin. Financial needs are driving Athens to carry out new tricks: EU subsidies are used for domestic budget gaps.

Italy

La Republica – Calls for tender: a corruption network. The court of Milan has launched a huge anti-corruption operation in the field of infrastructures and large building projects. In total, four people were arrested, 51 investigated and 100 searches were performed.

Il Sole 24 Hora – Stock Markets: low rates boost investment thanks to ECB’s QE. ECB President Mario Draghi stated that Quantitative easing is a stimulus to implement reforms.

Poland

Gazeta – Tax Office fills income tax return. Digital revolution in Poland – starting from this year, the Tax Office will fill income tax return for 2014. This is to make the yearly tax account easier, quicker and simpler.

Spain

El Pais – Spanish financial authority freezes the savings of the Andorran bank’s subsidiary. 40,000 Banco Madrid customers are affected by this measure from the Bank of Spain.

Expansion – Banco Madrid: deposits and funds blocked. The Scandal of Andorra-based bank BPA leads its Banco de Madrid subsidiary to liquidation.

UK

The Times – German stocks big winners from ECB bond-buying. Record close for Frankfurt’s Dax index takes overall climb this year to 24%.

The Guardian – Russia; recession fears mount. In his first public appearance since 5 March, Vladimir Putin has warned of economic pain that could last two years.

©europeanunion2015