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Open Europe : Daily Press Summary

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Open Europe poll suggests next German government will have limited room for manoeuvre in eurozone crisis;Persson: On Europe, Germany is having its cake and eating itA new opinion poll conducted by YouGov Deutschland for Open Europe and our partner organisation, Open Europe Berlin ahead of the 22 September German elections, was quoted across European media after its release yesterday. It was cited in the Financial Times as showing that "a clear majority of [German] voters said their next government should have no mandate to forgive the debts of its eurozone partners or to guarantee their borrowing in the form of mutualised eurozone bonds.” The poll was also cited by Reuters, the Guardian and Telegraph live blogs, Deutsche Wirtschafts Nachrichten, Les Echos and others - alongside a quote from Open Europe’s Nina Schick.

Writing in his Telegraph blog, Open Europe Director Mats Persson says, “Like most other nationalities in the EU, Germans are internally conflicted. tend to be ‘pro-European’ in temperament… However, when it comes to down to actual policy, German support for ‘more Europe’ is heavily caveated.” Open Europe Berlin’s Director, Michael Wohlgemuth was quoted by The Local saying: “The majority of Germans appear to be eurosceptic when it comes to their money. Many important decisions about the euro debt crisis have been delayed or masked by parliament. The survey shows that the coming government will have to make very unpopular decisions.”
Persson: Telegraph Blog Reuters Financial Times Central Banking Economic Times Business Times Guardian Live Blog Les Echos Nouvel Observateur Imerisia Ethnos Deutsche Wirtschafts Nachrichten Phileleftheros The Local Mail Deutsch Türkische Nachrichten Tagesspiegel Telegraph Live Blog

In an interview with EurActiv, EU Internal Market Commissioner Michel Barnier argued, “What less can we do here in Brussels? Subsidiarity is very important. Many citizens are concerned about a European project that has no limits or boundaries. Some should probably be established.” He said his wish is for the EU to be able to do more in some areas and less in others.
EurActiv: Barnier

A new Forsa poll for Stern and RTL puts CDU/CSU on 40%, SPD on 23%, the Greens on 11%, the Left party on 9%, FDP on 5%, the anti-euro AfD party on a record-high of 4%, and the Pirate party 3%.
Welt

Hollande: French Parliament “will vote at a time when the right cannot not vote yes”
Le Figaro reports that French President François Hollande has said the French Parliament will be given a vote on military action in Syria “at a time when the right cannot not vote yes”, but reiterated that “France won’t act alone.” Separately, Les Echos quotes French Foreign Minister Laurent Fabius as saying “A vote today would not make sense as all the elements are not met.” Le Monde reports that 74% of French wish to see a parliamentary vote before military action.

Open Europe’s Christopher Howarth writing on Conservative Home analyses what the UK’s decision to pull out of military action on Syria could mean for Anglo-French defence and foreign policy co-operation. Swedish newspaper Svenska Dagbladet reports on Open Europe’s analysis of the positions of different EU states on military action.
Open Europe blog Le Figaro Independent Les Echos Le Monde Svenska Dagbladet Conservative Home: Howarth

Several Italian papers report that Silvio Berlusconi may withdraw support for Prime Minister Enrico Letta’s coalition government as early as this week. The move would increase the risk of snap elections. The Italian Senate’s Immunities Committee is expected to vote next week on whether to expel Berlusconi from parliament as a result of his tax fraud conviction.
Corriere della Sera Repubblica La Stampa Le Figaro Il Sole 24 Ore

German Chancellor Angela Merkel yesterday criticised the SPD for being “totally unreliable on the issue of the euro crisis.”She pointed out that they are critical of her euro politics, while themselves having voted in favour of all the euro-bailout packages in the Bundestag. “I do not consider them stable in this matter,”said Merkel.
Handeslblatt FAZ FAZ 2 Reuters Deutschland Welt

The European Commission will today publish draft rules on shadow banking and money market funds. In a joint letter to EU Internal Market Commissioner Michel Barnier on Monday, German Finance Minister Wolfgang Schäuble and his French counterpart Pierre Moscovici criticized the plans of the European Commission for not being far-reaching enough.
Open Europe blog Süddeutsche

According to a new IFOP poll, 74% of French are “unsatisfied” with the pensions reform proposed by the French government.
Le Figaro ILC press release FT

The FT reports that, according to ECB data released yesterday, borrowing costs for small and medium size enterprises in Spain and Italy have fallen over the past year and now stand at their lowest levels since 2011 – although they remain well above those in France and Germany.
FT

Data released by the German statistics office yesterday showed that German exports fell by 0.6% in the first half of this year, dragged down by falling exports to other EU states.
Destatis press release Deutsche Welle

The World Economic Forum has released its latest Global Competitiveness report with Germany rising to fourth in the rankings while the UK held its position at tenth. Although it rose, Greece remained the lowest-ranked EU member at 91.
WEF report FAZ

Kathimerini reports that the EU/IMF/ECB Troika has objected to Greek government plans to overhaul some of the state owned firms, calling for more drastic action, possibly including bankruptcy proceedings.
Kathimerini

Cyprus Mail reports that over 60% of companies have failed to pay a €350 annual levy imposed as part of the austerity programme in Cyprus. This could cause a shortfall of around €50m given the proposed revenues of the tax.
Cyprus Mail

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