An attack against Israeli tourists at Burgas Airport, on the Black Sea on July 18 left eight dead and thirty wounded, some in serious condition. The Sofia daily holds Iran responsible for the attacks and notes that "Bulgaria makes a dramatic entry on the stage of international terrorism."

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Terror in Bulgaria – 24 Chasa

The Memorandum of Understanding between Spain and the European Financial Stability Facility, which is funding the bailout to the Spanish banking system, allows that whatever remains from the maximum 100 billion euros needed to save the country’s banks may be used to buy back state bonds. Meanwhile, the German Bundestag is to vote today on financial aid to Spain.

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Spain may use the bailout money to purchase debt – El País

The leaders of the three parties in Greece's ruling coalition have agreed on a plan to make savings of €11.5bn in 2013-2014, but gave no details. These measures were demanded by the EU-ECB-IMF troika, whose representatives are expected in Athens next week.

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Athens' line of defense – I Kathimerini

In an interview with The Daily Telegraph, British PM David Cameron doesn’t “see a time” when his government’s austerity programme will end. He now expects the crisis in the eurozone to drag on for years, blighting the British economy, and predicts that his programme of spending cuts, initially planned to take five years, is likely to last for the entire decade.

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Cameron: austerity will last until 2020 – The Daily Telegraph

According to the British tabloid, the UK is now exporting more goods to non-EU countries than those in the EU for the first time in 40 years. “It delivers a crushing blow to the Euro-­fanatics who insist that we can’t survive without Brussels – while boosting the ­Daily Express’s Crusade to quit the EU.”

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Proof we don't need the EU – Daily Express

Germany’s highest court ruled Wednesday that benefits to asylum seekers — unchanged since 1993 — must be increased to the same sum as received by German citizens — 374 euros. The 224 euro currently paid out is not compatible with a “dignified human minimum existence”, the court stated. Berlin reduced aid to asylum seekers by 15% in 1993 to prevent an “attraction effect”.

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Karlsruhe notes: Asylum seekers are human too – Die Tageszeitung

In 2002, chancellor Gerhard Schröder was right not to adopt the UK model by moving from an industry based economy to a services one, writes the Düsseldorf business daily. Industry, which employs one out of five Germans, continues to boom. Meanwhile, environment minister Peter Altmaier is to announce a 10-point energy plan that aims to create jobs after scrapping nuclear power.

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Long live industry – Handelsblatt