PRESS DIGEST – Financial Times – Dec 6

EUROPE’S LEADERS AT ODDS OVER BOND PLAN

European leaders face fresh splits over how to tackle the
euro zone’s escalating crisis after being urged to create as
rapidly as possible a vast market for joint European government
bonds, or ‘E-bonds’, a move almost certain to be blocked by
Germany.

http://www.ft.com/cms/s/0/d60d40c8-00bd-11e0-aa29-00144feab49a.html#axzz17IrxcBTk

LIB-DEMS POISED FOR THREE-WAY SPLIT OVER TUITION FEES

The Liberal Democrats are expected to split three ways this
week after Deputy Prime Minister Nick Clegg acknowledged he
could not hold his traumatised party together ahead of
Thursday’s Commons vote on the raising of university tuition
fees.

http://www.ft.com/cms/s/0/89dc2172-00ba-11e0-aa29-00144feab49a.html#axzz17IsDJQvM

FLOWERS GETS COLD FEET OVER MOVE INTO SPANISH SAVINGS BANKS

Christopher Flowers, the U.S. private equity investor, is
backing away from completing the first foreign investment in a
Spanish caja, dealing a blow to Spain’s troubled savings banks.

http://www.ft.com/cms/s/0/ddc47834-00a6-11e0-aa29-00144feab49a.html

IRISH BANKS FACE LOANS SELL-OFF

Ireland will have to accelerate the shrinking of its
troubled banks’ balance sheets and sell tens of billions of
euros worth of loans in return for gaining continued access to
emergency European funding.

http://www.ft.com/cms/s/0/41d0e1ba-0097-11e0-aa29-00144feab49a.html#axzz17Is9sgqE

RUSSIANS TO GAIN U.S. URANIUM FOOTHOLD

A Russian state-owned company is set to control of up to
half of U.S. uranium output by the middle of the decade, after
U.S. authorities gave the go-ahead to the partial takeover of
Uranium One (UUU.TO: ) of Canada by ARMZ.

http://www.ft.com/cms/s/0/220fb72a-00b0-11e0-aa29-00144feab49a.html

DE LA RUE SET TO REJECT OBERTHUR APPROACH

Banknote printing company De La Rue (DLAR.L: ) has received a
takeover approach from Oberthur Technologies, the French secure
printing group, according to people with knowledge of the
matter.

http://www.ft.com/cms/s/0/2de23514-00b5-11e0-aa29-00144feab49a.html#axzz17IsZDFlg

(Summary compiled by Reuters)

PRESS DIGEST – Financial Times – Dec 6