In Tuesday's Europe papers

15 May 2007 07:00  [Source: ICIS news]

LONDON (ICIS news)--These were the top stories at 07:00 GMT in the following European newspapers’ online versions Tuesday. To go to the individual websites, click the links below:

 

Financial Times

Front page

 

Last-ditch move to save Russia-EU summit

Germany is making a last-ditch attempt to rescue a European Union summit with Russia from disaster, amid increasing calls within the bloc for a rethink of policy towards Moscow.

 

Employers of illegal immigrants face EU crackdown

Companies face more spot checks of their employees’ work papers as part of a crackdown on illegal immigration across the European Union under plans to be announced on Wednesday. The worst offending bosses could face criminal charges.

 

Companies and markets

 

Endemol deal could trigger executive exit

Silvio Berlusconi has struck his largest deal since stepping down as Italy’s prime minister, as his Mediaset broadcasting group confirmed that it had won the €3bn ($4bn) auction for Endemol, the creator of the Big Brother and Deal Or No Deal franchises.

 

Viénot bows out at SocGen

For someone who says he fell into banking by accident, Marc Viénot has had a remarkably long career in high finance.

 

International Herald Tribune

Front page

Inspectors cite big gain by Iran on nuclear fuel
Inspectors for the International Atomic Energy Agency have concluded that Iran appears to be enriching uranium on a far larger scale than before. The findings may change the calculus of diplomacy.

 

In Turkey's religious heartland, secularism thrives
In Konya, Islam does not run the state. Instead, Prime Minister Recep Tayyip Erdogan's party has had a moderating influence.

 

Business

 

Mylan to buy Merck generics unit for €4.9bn ($6.6bn)
Interest in generic-drug companies is increasing as patents expire and governments seek ways to stem the rising cost of public health care.

 

Russia wins new natural gas deal, undermining rival US plan

The new pipeline agreements will increase capacity by about 20bn cubic meters a year by 2012, and cost $1bn (0.75bn), compared with $10bn for a US-backed alternative that would bypass Russia.

 

The Moscow Times

Front page

 

Yukos auctions all smoke and mirrors

The mysterious sale of Yukos' headquarters to an unknown firm for nearly $4bn (€3bn) sealed -- and exemplified -- the fate of what was once the country's largest privately held company.

 

Rice rejects talk of cold war

Arriving for a visit clouded by political tension and uncertainty, US Secretary of State Condoleezza Rice said Monday that it was not an easy time for US -Russian relations but insisted that the uneasiness did not amount to a new Cold War.

 

Business

 

Government may allow strong Ruble

The government may allow the ruble to strengthen more than forecast this year to help curb inflation, Finance Minister Alexei Kudrin said Monday.

 

Britain demands reciprocity

Britain is open to investment from Russian companies but the investments must not be used for political purposes, and Russia should also allow reciprocal investments, the British Trade and Industry minister said Monday.

 

Der Spiegel                                       

Front page

 

A taste of the coming showdown

Chancellor Angela Merkel wants nothing to disturb the seaside harmony at the G-8 summit in northern Germany next month. But nationwide raids last week have upset leftist protesters of every stripe -- and set the stage for an unwanted showdown on the Baltic Sea.

 

Power struggle in Afghanistan

In Afghanistan, an odd, new alliance of Mujahedeen, old communists, and royalists is threatening President Hamid Karzai's leadership. But can the motley crew solve the country's problems?

 

Turkish Daily

Front page

 

War brings Bosnian Muslim women to Islam
Film director Aida Begic, a Bosnian Muslim, rediscovered religion when she was trying to rebuild her life after the country's devastating war. "I was raised in total freedom, not burdened

 

How many men will leave seats to women in the parliament?
As the time for determining electoral lists for the general election draws closer, parties have started to look at women. There are 24 women deputies in the 550-seated Turkish parliament at present.

 

Business and finance

 

Türk Telekom to collaborate with Cisco, Meteksan on infrastructure project
Türk Telekom announced its collaboration with Cisco Systems and Meteksan on a project to unite their telecom infrastructures under one network on Friday.

 

Women to contend with
Suzan Sabancı DinçerManaging Director, AkbankSuzan Sabancı Dinçer has served on the Akbank board of directors as Managing Director since 1997.

 

Warsaw Business Journal

Front page

 

Dom Development riding high on dynamic market

Publicly listed Dom Development is a good example of the bullish market on the real-estate sector.

 

President begins consultations over vetting law

The leaders of the political parties with representation in Parliament have been invited today for consultations with President Lech Kaczynski over vetting regulations.

 

Business

 

Business and personal loans move toward record levels

The National Bank of Poland released data yesterday, which shows that the portfolio of bank loans to private individuals in April this year increased by 39.7%, in comparison to the same period a year earlier.

 

Millions on verge of leaving Poland in search of better life

According to the latest poll conducted by IMAS International for Rzeczpospolita, over three million want to leave Poland and work abroad.

By: Staff Reporter
+44 20 8652 3214

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