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Futures News - WSJ.com: What's News Europe
From today, October 17, 2017
- May Fails to Unblock Brexit Deadlock at Brussels Dinner
British Prime Minister Theresa May was unsuccessful in bridging differences with top European Union officials over financial issues and the timing of free trade talks.
- Spain Gives Catalonia Thursday Deadline to Drop Secession Drive
Spanish Prime Minister Mariano Rajoy gave the leader of Catalonia until Thursday to cease his bid for independence or face the loss of some powers at the hands of the central government.
- Bomb Kills Reporter Who Covered Malta's 'Panama Papers' Link
A Maltese investigative journalist, Daphne Caruana Galizia, who exposed the island nation?s links to offshore tax havens through the leaked Panama Papers was killed when a bomb exploded in her car, the prime minister said.
- EU Foreign Ministers Agree to Stand by Iran Nuclear Deal
European foreign ministers attacked President Donald Trump?s decision to pull his administration?s backing for the Iranian nuclear agreement, calling the move a serious mistake that could lead to a military confrontation with Tehran.
- Conservatives' Loss in German State Election Is Blow to Merkel
German Chancellor Angela Merkel?s conservative party lost in state elections Sunday, according to initial results, weakening her position ahead of this week?s coalition-building talks.
- The Eurozone's Challenge: Don't Waste the Recovery
The eurozone is enjoying a stronger than expected recovery, and needs to seize the moment to tackle its vulnerabilities in order to increase the currency bloc?s resilience to future shocks.
- Austria's Right-Wing Parties Fare Well in Parliamentary Elections
Austria?s right-wing parties made strong gains in parliamentary elections on Sunday, after a campaign in which the main contenders competed with tough stances on immigration.
- German Towns Filled With Refugees Ask, 'Who Is Integrating Whom?'
Immigration has slowed in Germany, but the lingering effects of more than 1 million refugees is putting communities under stress, pressuring local coffers and feeding concerns about safety, jobs and the quality of education.
- European Leaders Say Iran Deal Must Be Preserved
European leaders urged Washington not to reimpose U.S. sanctions on Iran, saying they were determined to preserve the nuclear accord but ready to work outside the agreement to address Washington?s concerns over Iran?s behavior.
- EU Sees Trump Cooperation on Financial Rules
European officials see cooperation with the Trump administration on financial sector oversight ?developing in a positive way,? according to a top official who met with U.S. regulators on Friday.
- ECB Faces Bond Bottleneck
The European Central Bank is down to its last ?300 billion. That?s the amount of bonds that the ECB could purchase next year under its giant bond-buying program without changing the rules, according to two people familiar with the matter
- EU to Press New Measures Against North Korea, Venezuela
European governments are preparing to raise pressure on North Korea and Venezuela, in line with the priorities of the Trump administration, even as Washington throws into doubt the future of the Iranian nuclear agreement.
- In Brexit Talks, the Risk of No Deal Looms Large
Prime Minister Theresa May promised that, while the U.K. was hoping for successful negotiations with the EU over leaving the bloc, it was preparing the ground in case talks failed.
- Spanish Leader Opens Door to Suspending Some of Catalonia's Powers
Prime Minister Mariano Rajoy demanded that Catalonia?s leader clarify whether he declared independence, taking the first step toward potentially stripping the restive region of some of its powers and escalating his confrontation with the separatists.
- Legal Intricacies Complicate May's Two-Year Brexit Transition Period
Devising a legal way for the U.K. to continue to trade with the EU ?on current terms? while no longer in the EU? Theresa May?s Brexit proposed Brexit transition period would be fiendishly difficult to pull off.
- Europe Strains to Keep United Front on Iran Deal
European officials are working on a unified response to President Donald Trump?s expected decision to pull U.S. backing from the 2015 Iranian nuclear accord, but strains have emerged that threaten to weaken Europe?s common stance.
- Catalan President Stops Short of Declaring Immediate Independence
Catalonia?s separatist leader backed away from an immediate declaration of independence from Spain, slowing a headlong push for secession and potentially drawing out the standoff with Madrid.
- Wall Street Journal Reporter Sentenced to Prison by Turkish Court
A Turkish court sentenced Journal reporter Ayla Albayrak to two years and one month in prison, declaring her guilty of engaging in terrorist propaganda in support of a banned Kurdish separatist organization through one of her articles.
- French Public Sector Adds to Anti-Macron Protests
French leader Emmanuel Macron?s truce with his country?s unions is showing signs of unraveling less than six months into his presidency, as public-sector workers took to the streets Tuesday to protest his attempts to overhaul the sluggish economy.
- U.K., EU Disagree Over How to Get Out of Brexit Stalemate
British Prime Minister Theresa May signaled that she expects the European Union to offer concessions over Brexit before the U.K. will make more of its own as negotiations resumed Monday.
- Cold War in the Arctic: Russia, Norway Dig In
Norway this week will decide whether to maintain unprofitable coal-mining operations that serve as a symbol of a power struggle between the NATO member and Russia.
- ECB: Banks' Capital Buffers Are Big Enough to Cope With Higher Rates
Eurozone banks won?t be required to raise fresh capital to guard against a sudden increase in interest rates, according to the European Central Bank.
- Turkey Urges U.S. to Reverse Visa Suspension
Ankara says American decision to curtail services is an ?unnecessary escalation? of tensions
- Brexit Poses Risk to U.K.'s Existing Economic Order
The British people didn?t vote for a revolution. They simply voted to leave the European Union. But senior figures across the political spectrum believe that a revolution is what Britain is getting.
- Catalonia's Bid for Independence Sows Deep Divisions Among Family, Friends
The divisions that marked the aftermath of Britain?s Brexit referendum and the U.S. presidential election are now being felt in Catalonia, where discussion of the independence issue is so fraught that it is off limits for many gatherings of family, friends and colleagues.
- Thousands Rally in Barcelona Against Catalan Independence
Hundreds of thousands of Spaniards gathered in Barcelona to decry Catalonia?s secessionist push, a bid by pro-union groups to build momentum against a unilateral declaration of independence that could come as soon as this week.
- Companies Leave Catalonia on Fears of Secession From Spain
Moves pressure separatists and come as Spanish official apologize for police violence during independence referendum last week, in a conciliatory note.
- U.K.'s Theresa May Grapples With Public Split in Party
The British leader?s shaky hold on power was underlined Friday as a senior lawmaker said he has been sounding out colleagues about unseating her.
- For Switzerland's Central Bank, $30 Billion in Profits but Not Much Reward
Imagine being a money manager sitting on profits of over $30 billion in the third quarter alone that you can?t cash in. Welcome to the topsy-turvy world of Swiss central banking.
- Merkel's Bavarian Ally Wages Rebellion From the Right
As German Chancellor Angela Merkel works to cobble together a stable government out of several very different parties, her biggest obstacle may be her own party?s Bavarian partner, the CSU, which is balking at her centrist line.
- Spain's Separatist Divide Spills Onto Soccer Field
Old rivalries in Spain?s national sport intensify after Catalonia votes for independence
- Taxation Tests European Unity
The European Union is selling its push to wrest tax revenue from multinational companies as a step toward leveling the corporate playing field across the continent. But the move risks exacerbating tax disputes among member states, and undermining the bloc?s unity.
- Spanish Court Moves to Block Catalan Parliamentary Session
A top Spanish court has suspended Catalonia?s planned parliamentary session on independence, as pro-union forces attempt to stop the wealthy northeastern region from breaking away from Spain.
- Putin, Saudi King Explore Deeper Cooperation
The first visit by a Saudi monarch to Moscow showcased Russia?s efforts to wield its rising influence in the Middle East on Thursday, a day after Russian President Vladimir Putin said of longstanding U.S.-Saudi ties, ?everything changes.?
- Vatican Finance Chief Faces March Hearing Over Sex-Abuse Charges
Lawyers for Cardinal George Pell, one of the most senior officials in the Vatican, will cross-examine dozens of witnesses called by prosecutors accusing him of historical sexual offenses in Australia.
- ECB Discussed Options for Scaling Back QE at Last Meeting
European Central Bank officials discussed options for scaling down their giant bond-buying program at their September meeting, but were worried by the strengthening euro.
- Spain Tense as Catalonia Moves Toward Declaring Secession
Catalonia set a course toward declaring its secession from Spain as soon as Monday after separatist parties requested the regional parliament convene that day to review the results of this week?s independence vote.
- The European Union's Neoliberal Dilemma
The EU?s free movement of capital and people appeared to deliver only winners before the economic crisis, Simon Nixon writes. Since then, however, the downside of competing for capital and labor has become clear.
- U.K.'s May Battles Coughing Fit, Prankster, Falling Scenery in Speech
British Prime Minister Theresa May suffered bouts of coughing, a prankster on stage and falling scenery as she struggled to deliver closing remarks aimed at uniting the Conservative Party around her.
- Russian Spy Tactic: Hack Smartphones of NATO Soldiers
Russia has opened a new battlefront with NATO, according to Western military officials, by exploiting a point of vulnerability for almost all allied soldiers: their personal smartphones.