Leading with the headline "Orbán unveils action plan," Népszabadság reports on Prime Minister Viktor Orbán's 8 June presentation of measures to satisfy the European Commission and the IMF, and allay doubts over the stability of the forint. The Budapest daily explains that over the last few days confidence in the forint has been shaken by officials in the newly elected government who commented on the potential for a Greek-style crisis in Hungary, raising the spectre of sovereign default. Speaking to parliament, the prime minister presented a 29-point plan, with measures that include a tax on banks, a single rate for income tax, and public spending cuts. Initial reactions to the Orbán plan have been encouraging. According to Népszabadság, "analysts welcomed the package, while the forint rose against other currencies."
The leader of Greece’s leftist alliance SYRIZA is the new bright hope of Greek politics. Steering a course between pragmatism and the rhetoric of class warfare, he has unsettled Berlin, and not just those who back Angela Merkel's austerity policies. 
Europe’s economic woes have forced us to try to understand the secret Olympian world of global finance. But now that we pay more attention to bond yields and stability mechanisms, isn’t it clear that the experts up on their lofty peaks don’t know what’s going on either? 
This year’s Eurovision Song Contest is hosted by Azerbaijan, a country that is far from being a model democracy. An Estonian journalist takes a critical look at the deferential treatment enjoyed by the regime in Baku.