Brussels: Coalition complicates Italy’s budget talks, BMW fami...

 
 
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Wednesday October 16 2013
 
 
European Union News
 
Coalition complicates Italy's budget talks
 
Rome's final text will probably contain blanks to be filled in later as divisions within the ruling coalition hold up any decision on planned tax cuts
 
 
 
BMW family gave €690,000 to Merkel party
 
Ruling CDU received almost €700,000 from the family that effectively controls carmaker as chancellor lobbied to block tougher exhaust emission standards
 
 
Belgian police raid HSBC clients' homes
 
Brussels prosecutor says the aim of the raids was to gather information to bolster a case against the lender, not the individuals concerned
 
 
Europe: United by hostility
 
Federalists fear that anti-EU parties are putting aside their differences to launch an assault on Brussels in next year's elections
 
 
Germany hardens stance on bank safety net
 
Wolfgang Schäuble, finance minister, says eurozone countries must impose losses on all bondholders in ailing banks before taxpayers' money can be used
 
 
Finland PM softens stance on bailouts
 
Jyrki Katainen's focus on southern Europe seen by diplomats as aimed at winning support ahead of contest to choose new European Commission president
 
 
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