Today's front pages

Published on 12 October 2012 at 10:27

IMF chief Christine Lagarde thinks Spain and Greece should get more time to “recover”. She made her declaration after Standard & Poor’s cut Spain’s credit rating from BBB+ to BBB- and after news that unemployment in Greece has risen again, for the 35th consecutive month, to 25.1%. Lagarde supports both countries in their request for more time to impose austerity budgets.

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Lagarde : “Give Spain and Greece more time” – De Morgen

After meeting German Chancellor Angela Merkel in Berlin this October 11, the Hungarian Prime Minister Viktor Orbán said he was not opposed to his country joining the single currency, while stating that "this is not the right time". His visit marks the return to a certain degree of normality after a period of isolation for Hungary on the international stage, due to the Orbán's perceived authoritarian drift.

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Orbán doesn't reject euro for the moment – Népszabadság

After 53 days and 132 witnesses, the committee charged with investigating cases of political corruption in Austria has concluded its work. The commission has led to the adoption of a "transparency package" regarding the funding of political parties.

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What remains of the parliamentary inquiry – Die Presse

According to an EU study, 49% of Danes believe that women are less willing to pursue a career than men due to generous maternity leave. This is the highest rate in the EU. In neighbouring Sweden, the rate is 18%.

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Danes do not believe in ​​career women – Berlingske Tidende

The Vilnius daily uses this poetic turn of phrase to describe the uncertainty surrounding Lithuania's first round of elections on October 14. Although polls point to voter fatigue with the austerity policies pursued by PM Andrius Kubilius' conservative Homeland Union government, the result promises to be a close one.

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A multitude of black cats in a dark room – Lietuvos Rytas

44% of Poles believe Donald Tusk should no longer be a PM, according to a new survey. His personal popularity and that of his Civic Platform party has plunged, mainly due to a series of scandals and internal bickering. He is to face a confidence vote today in parliament today when he is to present his plan to steer the economy out of its sharpest dip in three years.

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New Prime Minister please – Gazeta Wyborcza

Portuguese Finance minister Vitor Gaspar presented the State’s budget for 2013 on October 11. which aims to achieve the savings target of 5 billion euros required by the troika, through a increase in taxes and cuts in government expenditure. Among the various austerity measures, the Lisbon daily highlights the cut in pensions above 1,350 euros, the application of taxes on unemployment and sickness benefits, as well as an increase in IRS (income tax) for all employees. Parliament will begin to debate on the budget on October 15.

Gaspar’s sledgehammer to middle class – i

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