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On Wednesday, representatives of Ukraine, Russia and Turkey met in Istanbul to negotiate again on a corridor through which 20 million tonnes of grain from Ukraine can be brought to the world market via Turkey. According to Turkish sources an agreement was reached, but nothing has been signed or published yet.

A fast-track tax reform is causing outrage in Hungary. The conditions of the flat-rate tax for low-taxed companies, Kata for short, will be tightened from September in such a way that the majority of the approximately 450,000 people affected will no longer fulfil them and will have to pay higher taxes. The government cited tax avoidance as the reason for its move. The national press is not convinced.

The leader of the opposition Civic Platform party, Donald Tusk, wants Poles to work less. He announced in Szczecin on Saturday that his party would draw up a detailed pilot programme for a four-day week before next year's parliamentary elections. The proposal has triggered a lively debate in the national press.

The Stockholm District Court on Thursday handed down a life sentence to Hamid N. after finding him guilty of crimes against international law and mass murders in the notorious Gohardasht prison near Tehran. The case dealt with acts he committed as a public prosecutor's official during the 1988 war between Iran and Iraq. Sweden's press celebrates the verdict saying it sends an important signal.

Menschen unter 40 Jahre sollten einer neuen Studie zufolge deutlich weniger Alkohol trinken als bisher angenommen. Schon der Genuss von mehr als einem kleinen Glas Bier pro Tag könne die Gesundheit gefährden, schreibt ein Forscherteam in der Zeitschrift «The Lancet».

Fast 43 Prozent! So viel Wert hat die Aktie der Credit Suisse im laufenden Jahr verloren. Damit gehört die Grossbank zu den schlechtesten Papieren im Leitindex SMI.