Today’s front pages
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Spain
Anti-corruption authority investigates Bankia for suspected fraud and falsehood
The office of the Spanish attorney general is investigating the June 2010 merger of the seven saving banks that created Bankia, as the accounts published by the saving banks are allegedly false.
Original article in El País esEl País Madrid -
European Union
Euro crisis: the whole world is impatient
A week before the June 18/19 G20 summit in Mexico, Barack Obama has spoken with British PM David Cameron to support "immediate plans" to rescue the eurozone. The U.S. president agrees with German Chancellor Angela Merkel and Italian PM Mario Monti on the need to reinforce "the strength of the eurozone and growth in Europe."
Original article in Le Soir frLe Soir Brussels -
Spain
Yes, Spain, the spectre of bailout is fading
In response to French daily Libération's "SOS Spain" front page, the conservative newspaper notes that "despite the alarmism of the European press, the markets enjoyed another day of calm and the risk premium fell below 500 points."
Original article in La Razón esLa Razón Madrid -
European Union
Confidence in the euro drops dramatically
A poll finds that 55% of Germans think it would have been better to keep the Deutschmark. 8 out of 10 Germans also believe that the crisis will affect their savings. However, 7 out of 10 believe the euro still has a future.
Die Welt Berlin -
France
Retirement at 60 for one out of five
The French government has announced a return to retirement at 60 for those who began working at the age 18 or 19, repealing a pension reform of the outgoing Sarkozy administration. This measure will affect 110,000 to 120,000 people and will cost from 1 billion to 3 billion euros between 2013 and 2017.
Le Monde Paris -
Romania
The Ponta government, a month of many mistakes and very few economic alternatives
It has fired institutional heads, replaced all school inspectors and repealed pension cuts, but as Romania prepares to hold municipal elections on June 10, Bucharest daily complains that PM Victor Ponta's left wing coalition is not keeping its promise of increasing the minimum wage, pensions, and salaries of civil servants.
Original article in Evenimentul zilei roEvenimentul zilei Bucharest -
Portugal
Anti-unemployment measures to favour 89,000 young people but with short term contracts
The Portuguese government approved a set of measures to support youth employment on June 6. They include a fiscal incentive for employers. 344 million euros from EU funds will help finance the plan.
Original article in Diário de Notícias ptDiário de Notícias Lisbon






