Brussels: Berlin rejects Brussels’ plan for banks, EU curbs ex...


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Financial Times
Brussels
Thursday July 11 2013

EU - latest Eurozone and European Union news headlines - FT.com
 
Berlin rejects Brussels' plan for banks
Main elements proposed by European Commission are rejected by senior German officials for going beyond the law and leaving taxpayers exposed
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/EK66ET/1G/h?a1=2013&a2=7&a3=11
 
EU curbs executives' pay at failing banks
Senior staff at banks receiving new state funds will earn, as a general rule, no more than 15 times the national average salary
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/YG990X/1G/h?a1=2013&a2=7&a3=11
 
Brussels sets up banks clash with Berlin
Brussels plans to expand its powers over the region's banking sector by creating a €60bn cross-border rescue fund and authority to wind up any of its 6,400 banks
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/3CNNZI/1G/h?a1=2013&a2=7&a3=11
 
Telecoms groups pan EU roaming plan
Executives see plans for a single market as little more than 'a headline grabbing move' that does little to address broader investment issues
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/B4BBD1/1G/h?a1=2013&a2=7&a3=11
 
Silence seeks to avert bailout revolt
Asking German taxpayers to reach into their pockets again will be a momentous decision, one that no policy maker will take lightly
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/52PPMS/1G/h?a1=2013&a2=7&a3=11
 
Debt restructure risk as Portugal reels
The recent political chaos will limit access to debt markets, meaning more dependence on the troika and the possibility of a debt restructuring
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/DX88I3/1G/h?a1=2013&a2=7&a3=11
 
EU banks: lack of resolution
A spat is brewing over how the EU's banking union should sort out failing banks. Time for the big players to make clear exactly where they stand
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/DX88IB/1G/h?a1=2013&a2=7&a3=11
 
Carmakers struggle to steer around crash
Volume manufacturers in Europe face additional hurdles in their fight with tumbling sales as politicians reject calls to reduce factory headcounts
http://link.ft.com/r/P75VYY/9M35OM/3O9UZD/3C6X3D/K9AAFC/1G/h?a1=2013&a2=7&a3=11
 
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