According to French daily Le Figaro, France and Germany are to propose the appointment of a “Mr. Euro” - a Eurogroup president appointed for five years who is not a serving minister in his own country, unlike current Eurogroup president Jean-Claude Juncker, the Luxembourg PM.
More power to Mister Euro? – Luxemburger Wort
European economies could receive a boost if, as widely expected, the European Central Bank cuts today interest rates by a quarter of a percentage point to 0.75 per cent. A record.
Boost for economy as ECB set to cut interest rates – The Irish Times
Greek PM Antonis Samaras is set to meet top-ranking envoys representing Greece’s international creditors on Thursday before briefing officials of his coalition government who are seeking to finalize the administration’s policy program ahead of its scheduled presentation in Parliament tomorrow afternoon.
PM to meet with troika – I Kathimerini
The National Court in Madrid has agreed to investigate a complaint made by the opposition political party Union, Progreso y Democracia (UPyD - five seats in the Spanish parliament) over allegations including deception, false accounting and fraudulent administration. The court’s judge will probe Bankia, its parent and 33 board members including former IMF director Rodrigo Rato.
The end of impunity – El Periódico de Catalunya
“After this discovery the world will never be the same”, enthuses Gazeta Wyborcza the day after the European Organisation for Nuclear Research (CERN) presented research results confirming the existence of the long-sought Higgs boson, a hitherto hypothetical particle that helps explain why elementary particles have mass.
Divine mass – Gazeta Wyborcza
“It has taken nearly 50 years and cost £2.6bn. Now, at last, the Higgs boson particle has been found - and a new chapter in our understanding of the universe can begin.”
Eureka! – The Independent
People living in social housing are no longer eligible for the RSI, a social benefit which guarantees a minimum monthly income of €189.52 per person. Residence in social housing is now considered a form of income in itself, reports the Lisbon daily.
Thousands of public housing residents to lose minimum income – Público