Today's front pages

Published on 12 June 2012

Quoting Reuters, the Athens daily reports that a eurozone working group is considering, among other measures, to block ATMs and to restore control over capital movements and people by suspending the Schengen Treaty.

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EU seals Greek exit plan – I Kathimerini

All 27 EU countries should submit their big banks to a single cross-border supervisor as part of a banking union to be enacted as soon as next year, the president of the European Commission has urged.

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Barroso pushes EU banking union – Financial Times

The cabinet of Serbia's new president Timoslav Nikolić consists of hardliners close to Serb nationalist Vojislav Šešelj, who is currently on trial in The Hague for crimes against humanity. It also includes officials responsible for election fraud as well as polticians who launched witchhunts against university professors. Nikolić's June 11 presidential inauguration was boycotted by several former Yugoslav republics.

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The controversial past of Nikolić's men – Blic

In the wake of the 100 billion euro bailout of Spain's moribund banks, the Madrid Stock Exchange fell, bringing the Milan Stock Exchange along with it. The spread between Spanish debt and the benchmark German bund reached 520 points again.

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Market doubts over bank bailout – La Vanguardia

The 100 billion euro aid package for Spain has failed to reassure markets, raising doubts over the consequences of the cost for weaker European partners. The Milan stock exchange dropped 3%, while the spread between Italian and German bonds jumped to 470 points.

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Markets down, Italy in the crosshairs – La Repubblica

Contrary to pessimistic forecasts, some 240,000 foreign tourists came to Poland in the early days of the Euro 2012 championships. “This means more than 700,000 football fans will visit the country during the tournament,” writes the Warsaw daily.

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Europe comes to Poland: there will be a million football fans – Dziennik Gazeta Prawna

"Ukraine was accused of so many things before the beginning of the European Soccer Championship. Among the addressed topics were terrible infrastructure and poor service, deliberately overpriced transport and accomodation fees. Constant media reports about the unfavorable political situation in Ukraine and Europeans boycotting the Championship also added fuel to the fire... But it is all in the past now," exults the Ukrainian daily after the national team's shock 2-1 victory over Sweden in its opening group match.

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"There’s no difference between us" – Den

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