"Will Cantona break the bank?” asks La Tribune: the former football star has called on Europeans to pull their money out of their bank accounts tomorrow, 7 December. In a video shot in early October by the Nantes newspaper Presse Océan, Eric Cantona explains this is the “only way he sees for them to express their discontent, seeing as strikes and marches are pointless”. It seems to the business daily that there is “little risk of seeing long queues forming in front of the banks”. However, “the success of this call for action again shows how low the banks’ image has sunk and how urgently they need to build it back up again”. In Madrid, El País likewise predicts that Cantona’s initiative, which has gone viral under Operation StopBanque, will have a hard time garnering the requisite critical mass to bring the banks to their knees, now that the EU and individual states have put safeguards in place to provide against the “remote” possibility of a run on the banks.
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.