In an editorial published by the German weekly Die Zeit, President of the European Central Bank Mario Draghi warns Germany and the Bundesbank, which has openly admitted to being reluctant to buy bonds, about the risks entailed in Germany's inflexible attitude and in a breakup of the euro.
Draghi vs Merkel – Cinco Días
The German Chancellor is in Beijing for the sixth time since coming to power in 2005, and the second time this year. For many around the world, she is the voice of Europe, because stands out against indecipherable European diplomacy, writes the daily.
For the rest of the world, Europe is Merkel – Le Monde
The EU Commission insists that the Spanish district of Catalonia must meets its deficit target of 1.5 per cent of GDP this year as a condition for the €5.02 billion aid package the region is requesting from the Autonomous Liquidity Fund (a financial instrument for Spanish regions). Spanish Economy Minister Luis de Guindos echoed this warning to Catalonia.
Brussels warns Catalonia: Meet your strict conditions – La Razón
Czech Interior Minister Jan Kubice has sacked police chief Petr Lessy, with whom he has been fighting for several months. This raises new questions about the future of the battle against corruption, says the paper, because with Lessy, "investigators were no longer afraid to pursue senior politicians."
Lessy finished. Is this the end of the hunt for the big fish? – Mladá Fronta DNES
Germans would not have been expelled after WWII had it not been for the crimes committed by the Nazis. This will be the general theme behind a new museum devoted to population expulsions in the 20th century to be built by the German government in Berlin. Previously, the museum did not make clear that post-war expulsion of the Germans in Europe was the result of atrocities committed by the Third Reich, to the fury of several countries, including Poland. Now “the dispute over [German] expellees is over”, concludes the daily.
The expelled don’t divide anymore – Gazeta Wyborcza
The three parties in the ruling coalition have agreed on the broad outlines of the €11.6 billion austerity plan for 2013 and 2014 demanded by Greece's creditors as a condition for the latest slice of financial aid. The main measures include cuts to pensions and local budgets. Conservatives, socialists and those on the democratic left must commit themselves to this plan by September 3, two days before the EU-ECB-IMF troika visits Athens.
A package full of painful measures – I Kathimerini
The celebrated US investor has withdrawn his trust in Europe’s second largest economy. He believes that France is too much of an economic risk and it does not offer high enough rates of return. As a result, he has advised investors to withdraw from the country.
Warren Buffet attacks France – Handelsblatt
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