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The paper clip

01.02.2013 / 10:50 CET
A round-up of the international press on Friday, 1 February.

Spain's El País is dominated by reports on the financing scandal involving the ruling People's Party. The UK's Guardian says that Mariano Rajoy's government has been rocked by the scandal after the publication of documents that allegedly showed him receiving €250,000 that had been hidden from tax authorities.

Mario Monti, Italy's prime minister, has suggested during a visit to Berlin that he might veto the EU's long-term budget unless Italy gets a better deal, writes La Stampa.

Slovenia's Dnevnik highlights a statement by Štefan Füle, the European enlargement commissioner, that the EU will pay more attention in future to unresolved bilateral issues during future enlargement, to ensure that they do not explode in the middle of the accession process. The paper wrote that Füle no secret that Slovenian-Croatian issues were the reason for his contact.

Austria's rebate from the EU's long-term budget is an issue that has yet to be resolved in negotiations about the EU's budget for 2014-20, Die Presse writes.

Ratings agency Moody's has downgraded Croatian debt to 'junk' status, the lowest since 1997, writes Jutarnji list.

 
An agreement on a dispute between Croatia and Slovenia over old bank debts appears to be within reach after Vesna Pusc, Croatia's foreign minister, and her Slovenian counterpart, Karl Erjavec, met in Brussels yesterday, writes Veèernji list. Slovenia had been threatening to hold up ratifying Croatia's treaty of accession to the EU over the matter.

The three parties in the Czech government have failed to agree on a demand by one of its members to join the EU's fiscal compact, novinky.cz writes.

Handelsblatt looks at France's perilous banking sector. The newspaper says that Credit Agricole, the country's third largest bank, is facing record losses, having been hit by the crises in Italy and Portugal.

Leaving the EU could have a “catastrophic” effect on the UK's financial services industry, according to a piece in the Daily Telegraph. It says that central bank experts are warning that regulators could “shut down” parts of the City of London.

Gloomsters buried the euro too soon, writes a commentator in the Financial Times. The end-point looks likely to be tighter economic union that falls short of political federalism, he writes.

The Die Welt website talks about the “humiliation of the Greek middle class”. In a feature from Athens, the newspaper looks at how middle-class Greeks are using pawn shops to boost their failing savings.

The number of Vienna residents receiving some form of social welfare has increased almost 30% between 2009 and 2011, writes Die Presse.

The Financial Times writes in an editorial that the UK should be prepared should be prepared to cut its aid budget in order to maintain its defence budget.

The Guardian runs a commentatory that attacks the role of the big four accountancy firms in encouraging tax evasion.

A commentator in the UK's Independent writes that the EU has changed Britain – and mostly for the better. Besides the money for infrastructure projects, EU membership has given Brits the chance to see how Europeans do things, and what we could do better, she argues.

Large parts of the Czech Republic are at risk of flooding, Lidové noviny writes.

Wenger pocket-knives will not be sold again, the Czech daily Hospodářské noviny writes.

 

 

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