EUROPEAN HEADLINES
FT – Saudis pull billions from global asset managers to fund deficit. BlackRock and Legal&General hit. Oil price fall linked to switch in investment strategy.
WSJE – VW financing costs rise. Amid the scandal over diesel emissions, lending unit will feel effect of falling bonds.
INYT- Migrants fuel raft economy in Turkey. Port city does brisk trade in seagoing equipment for crossing into Europe.
FRANCE
Le Monde – Will polemicists take the politicians’ place? Valeurs actuelles ordered a survey on a candidacy to the Presidential election by Éric Zemmour. Patrick Buisson was behind the operation.
Les Echos – Foreign accounts are good business for tax authorities. Overseas assets’ regularisation may bring €2 billion in 2016. Over two and a half years, 45,000 taxpayers have repatriated capital.
GERMANY
Frankfurter Allgemeine – Gauck: We want to help, but our possibilities are not infinite. Federal President refers to arrival of refugees as an historical event.
Sueddeutsche Zeitung – Plagiarism suspicions against Von der Leyen. The Federal Defense Minister’s 1990 doctoral thesis is said to have been written off.
ITALY
La Repubblica – Victory for the separatists. In Catalonia, the separatist front won a majority of seats but only 48% of the popular vote. 77% of Barcelona’s citizens participated in the election. Leader Artur Mas calls for independence.
Il Sole 24 Ore – Public investments risk being paralysed. Not only the central government but also regional governments are affected by the law on balanced budgets, which could give a serious blow to public investment.
POLAND
Gazeta Wyborcza – Insurance policies at schools fall under criticism. Prevention fund is a new way to circumvent a ban imposed on schools to prevent the institutions from making money on selling group insurance policies.
SPAIN
El Pais – Pro-independence parties win election but lose plebiscite. Parties which want to split from Spain – Junts pel Sí and CUP – win 72 seats in parliament but fall short of 50% of votes, with the largest turnout in Catalonia’s history – 77%.
Expansion – Catalonia fractures. Junts pel Si wins election but needs CUP to govern. Ciutadans makes great progress thanks to the fall of PP and PSC.
UK
The Times – Secret plot to oust Labour moderates. Corbyn allies recruited to infiltrate constituencies.
The Guardian – Blow to Corbyn as Labour delegates bar Trident vote. Unions spurn call for debate on renewing missiles. Leader’s camp insists that move is not a setback. Relief for some that divisive issue will not be raised.
©europeanunion2015
