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Today's Paper: Europe

Today's Paper Europe

Page One

ECB Leaves Door Open for Further Interest-Rate Cuts A1

The European Central Bank left its policy mix unchanged, but President Mario Draghi said the central bank was ready to take fresh action if needed while defending ECB policy from German criticism.

World

Criticism of EU’s Budget Rules Gains Traction A2

The target of the latest debate is the structural balance, an indicator that has become central to the bloc’s postcrisis spending regime but one that critics say can force governments into bad spending decisions.

Opinion

Britain’s Great Brexit Debate A10

If only the U.S. presidential campaign were as substantive.

Business & Tech.

Saudi Aramco IPO Could Be 5% of Value B1

Saudi Arabian Oil Co., the largest energy firm in the world, is considering listing up to 5% of its value on a stock exchange in New York within the next year, a top Saudi oil official said.

Money & Investing

One Firm Getting What It Wants in Washington: BlackRock B5

BlackRock’s escape from tougher federal scrutiny follows years of private and public pushback, a sign of the company’s increased sway in the nation’s capital.

Off Duty

A Scaredy Cat’s Guide to Skydiving W1

Sure, jumping out of a plane sounds terrifying. But skydiving, a once-extreme pastime, isn’t the death-defying act it used to be. Here’s why.