European Headlines

FT – Fed’s mixed signals expose gulf with markets over rate cut expectations. “Moonwalk” messages said to be conflicting. Investors bet levels will stay at historic lows.

WSJE – Merkel intercedes in Greek dispute. German Chancellor Angela Merkel is intervening directly in a deepening rift between Greece and its international creditors, a sign of Berlin’s growing concern that the acrimony threatens the unity of the Eurozone.

INYT – Killing spotlights Putin’s brash Chechen. Activist’s death prompts questions about the cost of strongman’s loyalty.

France

Le Monde – Democracy attacked in Tunisia. The country is in shock after the attack which killed 19 people in Tunis.

Les Echos – Hospitals are trying to get out of the 35-hour workweek trap. Martin Hirsch unveils his project to overhaul working time in Paris hospitals. The target is to save EUR 20 to 25mn a year, without cutting jobs or changing the law.

Germany

Frankfurter Algemeiner – Tunis: no mercy in fight against terrorists. Suspects have been arrested and security measures increased. ISIS behind the attack.

Sud Deutsche Zeitung – Merkel rejects quick help to Athens. The Federal Chancellor requires sound public finances from Greek Prime Minister before any additional loans can be granted. At the EU summit in Brussels Alexis Tsipras accused the EU of disregarding the people’s will.

Italy

La Republica – Lupi announces his resignation on TV: « The Prime Minister has not defended me ». According to Matteo Renzi, the resignation of the Transport Minister is a “wise decision”. Angelino Alfano, the Interior Minister added: “It is an act of honesty”.

Il Sole 24 Ora – Maurizio Lupi gives up: “I’ll resign tomorrow”. Renzi: “It’s a wise move”. Italy’s Transport minister to resign from his position following a big corruption scandal.

Poland

Gazeta – Uncertain on sanctions Uncertain on EU. Russia hopes that divisions among EU Member States regarding the extension of EU sanctions will postpone the decision. At the EU Summit the EU leaders uttered strong words but postpones the decision until June/July Summit.

Spain

El Pais – PSOE asks Madrid for all the contracts with Montoro’s lawyers’ office. The opposition is pressuring minister to give explanations on the concessions.

Expansion – Ferrovial and Telefonica, leaders of the debt cuts. Debt reduction over EUR 49bn for Ibex companies.

UK

The Times – Roads plan for mini motorways across UK. End of roundabout on busiest A routes.

The Guardian – 298,000. This is the number now fuelling UK growth. But you won’t hear the story from politicians. That’s because it’s the M word. Migrants.

©europeanunion205