Serbia turns to Moscow and Beijing
Der Standard leads with the headline, "Russia lends one billion euros to Serbia," reporting that former Yugoslav republic will also borrow another 200 million euros from China. The Russian loan, which will probably be made available at the end of the year, will be used to cover the Serbian budget deficit and to finance investment in infrastructure. The Austrian daily explains that in return, Serbia has promised to place lucrative orders with Russian and Chinese companies, especially in the field of construction. The "Serbo-Russian deal", it adds, has caused concern both in Serbia and abroad. The worry is that Russia will now exercise a "decisive" economic and political influence in Belgrade, which will hamper the development "of closer links between Serbia and the West." As the newspaper reports, "Most Serbs feel they have been abandoned by the European Union," a view that is shared by Finance Minister Mladan Dinkić, who points out that "Serbia has only received 100 million euros from the EU – which is clearly not enough." Der Standard notes that "although accession to the EU remains a priority for Serbia," a state of near bankruptcy induced by the financial crisis has forced the country "to look to the East to establish partnerships, and to accept financial aid wherever it can be found."
Since Portugal has been subjected to an austerity regimen by the EU/ECB/IMF troika, Portuguese consumers have adapted their habits. The crisis is pushing consumers to save but also to be more creative. 
The European Commission and its civil servants gained unprecedented powers with the signing of the Maastricht Treaty on February 7 1992. Two decades later, the economy’s primacy over politics and the advent of the crisis has destroyed their dreams and turned them into scapegoats. 
“Hitler”, “Occupying Power" – it’s always the same. Berlin is asserting its stance on the euro crisis and, in turn, is being abused with comparisons to the Nazis. Die Zeit ponders how Germans should respond.