Today’s front pages
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European CouncilSpread shield, Monti’s ultimatum
During the tense ongoing EU summit in Brussels, Italy and Spain have joined forces. They won an agreement on EU stabilisation funds directly buying sovereign debt from highly indebted countries so as to prevent excessively high borrowing rates.
Original article in La Repubblica it LinkLa Repubblica Rome -
European CouncilSpain and Italy hold their against the EU
The prime ministers of Italy and Spain, Mario Monti and Mariano Rajoy, have blocked the adoption of the 120 billion growth pact in a bid to obtain urgent measures for the recapitalisation of Italian and Spanish banks and the purchase of their countries’ sovereign debt.
Original article in El Periódico de Catalunya es LinkEl Periódico de Catalunya Barcelona -
PortugalPSD and CDS promise first European referendum
The Portuguese government offers assurances that if a European super ministry of Finance is established, this loss of fiscal sovereignty to Brussels will be subject to a referendum.
Original article in i pt Linki Lisbon -
EuroThe currency the EU lacks
A newly minted coin of “1 trust” to illustrate the fact that the crisis in the EU has more to do with the issue of political legitimacy than it does with the economy: citizens, markets and other stakeholders are increasingly wary of the European project.
Original article in Information da LinkInformation Copehagen -
Euro 2012What will be left for us after Euro
With the Euro 2012 final being played in Kiev, the Polish part of the tournament has come to an end. Despite the Polish team’s defeat in the first round, the nation is still a winner with the championships likely to bring Poland profits equaling 2.1-2.7% of the country’s GDP.
LinkPolska The Times Warsaw -
GermanyRule of law shredded
The Federal Office for the Protection of the Constitution had a file on the Zwickau cell. However in November 2011, seven days after the suicide of three of the neo-Nazi extremists who were responsible for the death of 10 people, the documents contained in the file were shredded instead of being transferred to police.
Original article in Die Tageszeitung de LinkDie Tageszeitung Berlin -
HungaryConfusion, chaos, fear
The government’s hospital reform plan, which will involve multiple closures and the extensive restructuring of services, is set to begin on July 1. However, many hospital directors have yet to be informed of the impact the plan will have on their institutions.
Original article in Népszabadság hu LinkNépszabadság Budapest
