European Press Roundup: Italian Chief Stock-Market Regulator Resigns, VW Plans Plant Production Halt

In Europe today, Thyssenkrupp decides to separate its marine business from its industrial solutions unit, while the Bank of France reduces its 2018 GDP forecast. Read about the above topics on Dow Jones Newswires or WSJ.com.

In Other Media...

The president of Italy's financial markets regulator CONSOB, Mario Nava, has resigned amid political pressure from the 5 Star Movement and the League, which form the coalition backing the government. -Corriere della Sera

Volkswagen is planning another production stop at its Wolfsburg plant during the first week of October. According to company sources, comparatively weak demand for its Golf model is responsible for the shutdown, which is likely to be officially approved next week. -Handelsblatt

EU leaders won't provide new instructions to Michel Barnier to secure a Brexit deal, in a blow to the U.K.'s hopes of going over the chief negotiator's head to secure approval for Prime Minister Theresa May's so-called Chequers plan. A senior EU diplomat involved in Brexit negotiations says it would be up to Mr. Barnier to ask for additional guidelines on how to negotiate if he felt he didn't have the flexibility he needed. -The Guardian.

A U.K. parliamentary committee has accused Royal Bank of Scotland Group CEO Ross McEwan of "withholding information of relevance and interest to the committee" when he appeared before it in January. His appearance formed part of a probe into whether the U.K. state-controlled bank mistreated thousands of small-business customers at the start of the financial crisis. -FT

Germany's Villeroy & Boch had to leave a supervisory board seat empty for three months because the housewares company couldn't fill the quota for female board members stipulated by German law. The employee side of the board had to identify two women candidates but "apart from one woman, only men received the necessary number of votes," the company says. The situation was remedied by court appointment. "The unoccupied seat shows the law is stronger than expected," says Fidar, a group supporting the appointment of women. -Handelblatt

The Spanish government has published the doctoral thesis of Prime Minister Pedro Sanchez after using two plagiarism-detection programs to determine it was not plagiarized. Mr. Sanchez was accused of plagiarizing his thesis amid a "Masters crisis" in Spain that has forced several politicians, including the health minister, to resign over irregularly earned degrees. -La Vanguardia

Ten years after the financial crisis, German Finance Minister Olaf Scholz lays out lessons learned in an op-ed. He calls a return to national protectionism a mistake and says international cooperation is necessary to regulate global markets, raising a financial transaction tax as a possible solution. The crisis showed that prosperity isn't based on "financial alchemy," but on "real products and services," he says. -Frankfurter Allgemeine Zeitung

The growth of the Dutch economy is reaching the end of its peak, Rabobank economists say. The Dutch economy is growing by 2.9% this year, as it did in 2017, but next year growth should slow down to 2.3%. -De Telegraaf

Airbnb hosted 3.6 million tourists in Spain this summer, 12% more than last year, according to numbers released by the company. -Cinco Dias

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(END) Dow Jones Newswires

September 14, 2018 06:22 ET (10:22 GMT)

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