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The Brexit plan she set out yesterday includes historic judgement calls on how to approach Britain’s most important postwar negotiation. Her speech mixed optimism, realism, veiled threats, open threats, clear red lines, blurred red lines, all cut with some creative (and some would say implausible) ideas to soften a hard Brexit. Sterling rallied, and so did the Tory party. The right-wing press was not far behind: Read more

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Bill English, New Zealand’s prime minister for a month, made his European diplomatic debut this week and sat down with the FT. He is here to remind folks that European decisions “wash up on our shores, even at the other end of the world”. And when it comes to Brexit, they certainly will. Read more

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A disaster at Christmas may have been averted, but don’t think Italy’s bank problems are over. Read more

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By Arthur Beesley

It’s not a precedent any president would want to set. François Hollande is the first French head of state since the second world war not to stand for re-election. Laid low by dreadful popularity ratings, the socialist Hollande had little chance of prevailing next year against centre-right candidate François Fillon or Marine Le Pen of the far-right National Front. Read more

Not even the clocks in Turkey can ignore the whims of Recep Tayyip Erdogan. This weekend Turkey’s imperious president decided to make it summertime all year. The decision to abandon daylight saving time moves Ankara an hour further from Europe, and into a timezone with Khartoum, Moscow and Riyadh. If only that were the end of it.

Mr Erdogan issued decrees to oust 10,158 public officials; expelled 1,267 academics from their posts; took charge of appointing university rectors; permitted prosecutors to record client-lawyer conversations; allowed judges to deny access to lawyers for up to three months; and shut down 15 (mainly Kurdish) media outlets. And that was just this weekend.

Don’t forget the more than 100,000 accused, sacked or detained in relation to the botched coup in July, or the internet blackout across swathes of majority Kurdish areas in the southeast, or the detention and arrest of the elected mayors of Diyarbakir.

Then there is matter of the death penalty. Since the attempted coup – a watershed moment for modern Turkey that FAZ calls the beginning of its second republic – Mr Erdogan’s rhetoric has swung from hot to lukewarm on whether to reinstate capital punishment, which was dropped in 2004 as part of Turkey’s EU membership bid. This weekend it turned red hot. Sporting a pair of black aviator sunglasses, Mr Erdogan bellowed these words on Saturday to a crowd chanting: “Execution! Execution!”

“Our government will take this proposal [on capital punishment] to parliament. I am sure parliament will approve it, and when it comes back to me, I will ratify it…Soon, soon, don’t worry. It’s happening soon, God willing. The West says this, the West says that. Excuse me, but what counts is not what the West says. What counts is what my people say.”

What should Europe do? Read more

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Without much fanfare – without even a press conference – Margrethe Vestager on Wednesday slipped out one of the most important decisions of her time as competition commissioner. Known for her flinty approach to the likes of Apple and Google, Ms Vestager showed a different side: restraint. And this was no ordinary antitrust case. It was Gazprom. Read more

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As Europe’s 28 heads of state or government gather again in Brussels this afternoon, it is worth recalling that special energy that European summits bring. This format is virtually unique in international affairs – even at G20 meetings “minders” are allowed in the room. It can make them wonderfully unpredictable and very human, especially (like today) when no big concrete decision needs to be taken. Here are three political live-rails to watch: Read more

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It’s summit week. The full roster of 28 EU leaders will gather in Brussels on Thursday for a two-day meeting. Compared to what we have grown accustomed to in recent years, it lacks the urgency of a hot-crisis. Migration numbers are a fraction of this time last year, and the crunch of Brexit and Greek debt are for another day. What we do have though is a big introduction (this is Theresa May’s debut summit) and some potentially significant debates: Read more

There was a touch of nervous twitching (Nicolas Sarkozy), a few polite sideswipes at the frontrunner (Alain Juppé), some jibes over integrity (deflected by Sarkozy and Juppé), a fair amount of policy consensus (almost unanimity on ditching the wealth tax and flouting EU deficit limits), and certainly a surplus dry preparation (technical talk came easy to most). But there was probably no breakthrough winner.

The seven hopefuls vying for France’s centre-right presidential nomination met for their first TV debate on Thursday night. Perhaps because nobody can doubt the importance of the contest – from it is likely to emerge France’s next president – the discipline held, as did probably the political order of things. Former prime minister Mr Juppé remains the man to beat and Mr Sarkozy can barely contain his irritation. There were mini-flashes of passion and raw politics. But the two-hour showdown became at times an arid, earnest affair. Probably a small mercy given what we endure in the White House race. Read more

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There was a meeting last week that should make Brexiters sit up and take note. Captains of European business – the “European Roundtable of Industrialists” – held their annual evening pow-wow with Angela Merkel, Francois Hollande and Jean-Claude Juncker. This year the venue was the chancellery in Berlin. After enjoying white wine on the balcony and a Berlin sunset, the assorted executives (all male) moved to the dining room and a discussion of Europe’s economic future. Read more

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Sunday was probably a defining moment for Brexit. Far from procrastinating or playing for time, Theresa May appeared to make a big strategy call. From the hubbub of the Conservative party conference has emerged clarity on when she will start Article 50 exit talks (by March 2017) and what her goals will be. Read more

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Chaos. That’s the word to watch at today’s summit of European leaders in Bratislava. It is just one rhetorical flourish in the draft post-summit media statement, a promise that Europe will avoid the migration “chaos” of last year. But the dispute over it offers a glimpse into the dynamics of that summit room, and Angela Merkel’s considerable but waning clout in this EU club. Read more

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It is Angela Merkel’s home state. There aren’t even many refugees there (23,000 in 2015 to be precise). But on Sunday rural Mecklenburg-Vorpommern earned a small footnote in post-war history, becoming the first state where the CDU has ever been outflanked by a party of the right. Just three years old, the anti-immigrant Alternative for Germany upstart is steadily gaining electoral ground. It may be far from seizing power, even at local level. But the warning to Ms Merkel is clear. The AfD vote patterns in Mecklenburg-Vorpommern reflect a classic protest vote. It secured 20.8 per cent and drew support from all parties – from far left, to centre to far right. Most importantly, it mobilised abstainers and helped boost turnout. There was only one subject to rally around: disenchantment with Germany’s refugee policy. That seems unlikely to diminish as we head towards federal elections in 2017. Read more

The offices have cleared, the traffic is calm, the sun is (supposed) to be out. Brussels is tranquil. But it belies a precarious week for the poor souls still left in town. There are still some delicate issues to deal with.

Italian banks are top of the list. Stress tests results will be released on Friday and a fix for the troubled Monte dei Paschi di Siena is still to be found. Matteo Renzi will be more fidgety than ever.

Germany and France are grappling with the aftermath of attacks – Germany faced an apparent suicide bombing last night, its fourth violent incident in a week – which are as unnerving as they are different. Read more

Matteo Renzi is politically cornered. Troubled banks – or more precisely Monte dei Paschi di Siena - have left the Italian premier facing a problem with no good answers.

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No relent in European news overnight. One state of emergency was declared in Turkey – suspending rights and giving president Recep Tayyip Erdogan near unlimited power – while another was prolonged in France, where the government is facing a harder time asserting its authority. Britain’s Theresa May met Angela Merkel for the first time, easing Brexit pressure on the UK a touch and prompting a journalistic scramble to find more similarities between the two leaders (a love of hill walking has been uncovered). Italy is racing to find creative answers to its banking woes and Matteo Renzi’s political quandary – while Italy’s populists call for taxpayer bailouts. And another Italian, Mario Draghi, will be forced to wrestle with his policy demons in public as the European Central Bank holds its monthly meeting. Oh, and happy Belgian national day.

Erdogan’s rule


Three months of emergency powers The move was announced following back to back national security council and cabinet meetings. Erdogan said: “As the president and commander in chief elected by the people of this country, I will take forward the struggle to cleanse our armed forces of this virus…The aim of this action is to quickly and effectively eliminate the threat to democracy in our country, the rule of law, and the rights and freedom of our citizens.”

What does it enable? Not since the martial law of the early 1980s has Turkey been subject to such unchecked central power. The FT’s Mehul Srivastava explains that it allows Mr Erdogan’s cabinet to issue decrees that take immediate effect and are not subject to review by the constitutional court (two judges on that court are among the 2,750 removed in the purge against suspected supporters of Fethullah Gulen, an Islamic cleric who Mr Erdogan blames for instigating the coup). Read more

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There is something numbing about watching the events buffeting Europe this month. A bloody botched coup in Turkey, shocking barbarism in Nice and of course the small matter of Brexit. These are times of extraordinary upheaval, and we are still only beginning to grasp the long term implications. Read more

Where to begin? First order treachery, the double Brutus, a “cuckoo nest plot” – this is a political assassination that will go into Conservative party lore alongside the defenestration of Margaret Thatcher. On a cold summer morning, Boris Johnson’s career was laid waste in a matter of hours by his campaign director and confidante Michael Gove, the Brexit-whisperer who convinced him to turn on Brussels. Politics in a democracy does not get more savage than this.

Was this betrayal plotted over months, days, hours? What role did the chancellor George Osborne play? Was Mr Johnson making his own overtures to step aside for Theresa May, the home secretary? The Westminster lobby have done a wonderful job of reconstructing the high-intrigue and low-skulduggery of Johnson’s undoing. Read more

Wondering why there is such a fuss over Article 50, the so-called EU exit clause? We’ve annotated the Article 50 text to explain the issues in full. (If you’re using Next FT and can’t see the embedded document, please follow this link.) You can read more about the Brexit divorce talks here and here.

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