Today's front pages

Published on 24 September 2012 at 09:31

According to information published by Der Spiegel, the Greek deficit amounts to €20 billion, more than twice the figure the Greek government has announced. The new figures comes from a report that the EU-ECB-IMF troika is to release early October on financial conditions and the progress of reforms in Greece.

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Greece needs even more money – Die Welt

The Spanish government led by Mariano Rajoy will present its 2013 budget on September 27, and will include "severe adjustments" in expenses, investments and subsidies, as well as tax hikes. On the same day, the new National Reform Plan will be made public: it intends to fulfill its commitment to the EU to reduce the deficit to 4.5% of GDP in 2013. It is therefore a "decisive week", crucial for the country's application for financial assistance from the ECB, the Madrid daily notes.

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Rajoy wants a “clearly credible” budget to convince Brussels – La Razón

New laws to be introduced across the EU from January will give citizens better control of their personal information and make it easier to access, correct, or delete their data. These will include a single set of rules on data protection throughout the EU, easier access to and transfer of personal data, as well as a “right to be forgotten”.

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Personal data overhaul for EU citizens – Irish Examiner

The French Green party Europe Ecologie-Les Verts (EELV) has declared its opposition to the EU fiscal pact, which is set to be ratified by the French parliament in October. This decision undermines President François Hollande's parliamentary majority and could compromise the presence of two Green party ministers in government.

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Greens defy Hollande – Le Figaro

After talks with the Italian government, Fiat CEO Sergio Marchionne has pledged to continue investing in the group’s Italian factories instead of moving all production abroad. In August Marchionne caused panic by freezing investment in Italy after a dramatic drop in car sales. A face-off continues between Fiat, which is seeking state aid, and the government reluctant to grant more subsidies unless the Turin car-maker clarifies its strategy in Italy with a deal to save jobs.

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Fiat: we’ll stay in Italy – Il Sole-24 Ore

Already owner of private TV channel OTV and leader of the People's Party, Dan Diaconescu has won his privatization bid for Romania’s largest chemical producer Oltchim. He has 10 days to raise the €45 million needed to save the state-owned company, which employs 3,000 people, from bankruptcy. But questions remain about his ability to find the money and how the takeover proceeded, which could violate the country's commitments with the EU and IMF.

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6 mysteries about Oltchim privatisation – România libera

This Saturday, in Haren, in the north of the Netherlands, thousands of people attended the birthday party of a 16 year old girl who accidentally posted the event on Facebook. Violent incidents took place, causing extensive damage and injuries. Police and riot police have been accused of incompetence.

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Happy birthday – NRC Handelsblad

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