The entire point of art. 11 is to transfer money from Google News (and other aggregators, like Facebook) to publishers. This also covers search.
The latest version of Google News has already solved this: it only shows the title and the image, not a single sentence from the article itself, – which was the main concern in Spain and Germany when the relevant laws were introduced.
Facebook and Twitter shouldn't face any issues as well, because they only display the value of the og:description meta tag, set by the publishers themselves.
[1] http://ogp.me/
Google got a free license in Germany while Yahoo did not. Even if they ban the free license (which is a whole nother set of even bigger problems) Google can just not list them at all. It's not like they care about Google News all that much.
and than, should they force google to pay instead of cutting these publishers off? in no way would that be legal. you can't force somebody to pay something, by forcing them to obey.
Honestly, it doesn't seem a bad thing to me. But lat's see how Google plays it out.
I mean, I think the link tax is backwards, but a vague emotional appeal to the health of... a mom and pop internet news site...(?) is not the argument I'd use.