Today’s front pages
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Budget pact
EU grants symbolic victory to Merkel
The German financial daily points out that the budget pact that the Chancellor has imposed on her European partners contains several elements that already exist in preceding European treaties. Also, it will take at least one year before it comes into full effect.
Original article in Financial Times Deutschland deFinancial Times Deutschland Hamburg -
Budget pact
Czech Republic and Britain alone against rest of Europe
Prague joins London in refusing to join the budget adopted by twenty-five EU member states.
Original article in Mladá Fronta DNES csMladá Fronta DNES Prague -
Budget pact
European summits with and without Poland
According to a compromise reached at the January 30 European Council, there will be two kinds of euro summit – one reserved for eurozone states, concerning single currency strategy; and one open to all, which Poland has argued for, concerning the architecture of the euro and questions of competitivity.
Original article in Gazeta Wyborcza plGazeta Wyborcza Warsaw -
Spain
EU urges Rajoy to accelerate reforms
European Commission president José Manuel Barroso has called on the Spanish Prime Minister Mariano Rajoy to come up with a definitive austerity budget.
Original article in El Periódico de Catalunya esEl Periódico de Catalunya Barcelona -
Economic crisis
Recession: Europe has run out of money
The Austrian daily reports that the EU cannot afford further financial aid to Greece, which is on the verge of bankruptcy. Nor can it fund youth employment, with 23 million jobless in the EU.
Original article in Die Presse deDie Presse Vienna -
Eurozone crisis
Euro in slightly calmer waters
"The new treaty on the euro is not perfect, but it's a step forward," writes the Amsterdam daily. "There are reasons to be prudently optimistic."
Original article in De Volkskrant nlDe Volkskrant Amsterdam -
Romania
The “Năstase” precedent, a warning for party funding
Former Prime Minister Adrian Năstase has been sentenced to two years for embezzling funds to finance his 2004 presidential campaign. Political parties will have to keep clean accounts for the parliamentary elections of November, the Bucharest daily warns.
Original article in Evenimentul zilei roEvenimentul zilei Bucharest






