EUROPEAN HEADLINES
FT – Emerging markets call on Fed to lift rates and end uncertainty. Emerging market central bankers have urged the US Federal Reserve to raise rates sooner rather than later to end the uncertainty that has pummelled stock markets and currencies in recent weeks.
WSJE – Fed vote on rate up in air. Federal Reserve officials aren’t near an agreement to begin raising short-term interest rates heading into a crucial week of private discussions before their September 16-17 policy meeting, according to their recent comments.
INYT – EU leader exhorts bloc towards unity on migrants. Juncker seeks pledges to house 160,000 people and to address conflicts.
FRANCE
Le Monde – The government rules out any big overhaul concerning Labour law. A report on the reform of the Labour law is to be presented to the Prime Minister on Wednesday 9 September. The report is supposed to be followed by a bill.
Les Echos – Public employees: the Court of Auditors raises the alarm. The Court estimates that a wage agreement project to be reached by 2020 would cost €4.5 billion a year. The Court advocates job cuts and an increase in the number of hours of work allotted.
GERMANY
Frankfurter Allgemeine (FAZ) – Merkel calls for rapid integration of refugees. Federal Chancellor warns against the creation of parallel societies.
Sueddeutsche Zeitung – Judges prohibit Lufthansa strike. The Hessian Regional Labour Court considers the pilot strike to be unlawful: The aim of the syndicate is said to be contrary to the Tariff Act. Lawyers see this ruling as a historical turning point.
ITALY
La Repubblica – Refugees: Denmark says no, trains and roads to Germany shut down. Denmark closed its borders yesterday as hundreds of refugees tried to reach the country by road. Trains in provenance from Germany were also stopped. This is despite Jean-Claude Juncker’s call at the EP yesterday to share the refugee burden using the quota system.
Il Sole 24 Ore – European and Asian Stock Markets are doing well. Tokyo recorded a 7.7% rise, Shanghai +2.29% and Piazza Affari + 0.84%. Wall Street closes in the red.
POLAND
Gazeta Wyborcza – Europe can afford refugees. In the State of the Union address, President of the European Commission Jean-Claude Juncker insisted on the obligatory distribution of refugees among EU Member States. His plan wins increasingly many supporters.
SPAIN
El Pais – Donations made to CDC coincide with tenders for public works. In at least one case, the payment made to CatDem corresponds exactly to 3% of the contract value.
Expansion – Major investment in public works for Catalonia. Industry Minister Ana Pastor announces in Barcelona new infrastructure for the region.
UK
The Times – Alzheimer’s could be passed on by humans. Threat from blood transfusions and operations study reveal.
The Guardian – No 10 plan for Syria without Assad and Isis. We need hard military force, says PM in push to extend range of air strikes.
©europeanunion2015