European Headlines
FT – Federal Reserve opens door for first rate rise for a decade. ‘Patience’ pledge dropped. June increase now possible. Growth forecasts cut back.
WSJE – Buyers flock to ‘bad bank’ assets. Business is booming for Europe’s bad banks.
INYT – Gunmen attack museum in Tunisia. Fragile democracy shaken by terrorist strike that kills 19, mostly foreigners.
France
Le Monde – Netanyahu’s triumph saps hope of Palestinian state. The Prime Minister’s party, Likud, won 30 seats, against 24 for Isaac Herzog’s centre-left party.
Les Echos – America shifts towards rate hike. Fed President Janet Yellen prepares to put an end to seven years of zero rates. She nonetheless delivers a cautious speech about the economic health of the US.
Germany
Frankfurter Algemeiner – Heavy rioting in Frankfurt. More than 90 police officers injured during riots protesting opening of the new ECB headquarters; police union speaks of the “worst attacks in years.”
Suddeutsche Zeitung – Terror shatters holiday destination Tunisia. In Tunis, terrorists shoot tourists and barricade themselves with hostages in the capital’s National Museum. Police stormed the building, ending with 21 people killed.
Italy
La Republica – Tunis: museum shooting. A jihadist commando unit tried to attack the Tunisian parliament in the country’s capital, before taking refuge in the museum next door and killing 22 people.
Il Sole 24 Hora – Fed opens door to first rate hike in 10 years. The US central bank removed a reference to being “patient” on rates from its policy statement, opening the door wider for a hike in the next couple of months, while sounding a cautious note on the health of the economic recovery.
Poland
Gazeta – Poles killed in Tunis. Terrorist attack on the Bardo Museum in Tunis killed 17 foreign tourists, including a few from Poland.
Spain
El Pais – Jihadism attacks hits Tunis, the last bastion of moderation. Among the 17 tourists killed, two were Spanish. Terrorists opened fire near the parliament and took hostages in a museum.
Expansion – Inditex: record profit and dividend. The textile group earns €2.5 billion and will share €1.5 billion with its shareholders.
UK
The Times – Gunmen attack museum in Tunisia. Fragile democracy shaken by terrorist strike that kills 19, mostly foreigners.
The Guardian – ‘Here comes the sun’. (Or at least that’s what he wants you to think).
©europeanunion2015
