“More Europe to save the euro?” wonders French financial daily La Tribune. It launches the idea as the European Council opens a meeting in part dedicated to finding sustainable solutions to the debt crisis. “The idea is not so much to weigh in the world but rather not to be a burden for the others,” the paper notes. Furthermore, “at the height of the crisis, the idea of a federation becomes more attractive”. Several well-known figures “long-time supporters of the Eurogroup” (Jean-Claude Juncker from Luxemburg, Italy’s Giulio Tremonti or the Belgian Didier Reynders), are, for example, promoting euro-bonds. This solution implies solidarity and joint financing for part of the public debt in the eurozone. As for Jean-Claude Trichet, the paper continues, he’s “stepped out of his role as the president of the European Central Bank (ECB) and is calling for a European Finance Minister.”
But, La Tribune warns in an editorial, other than collegial economic management and thus a loss of political sovereignty, “to ensure the sustainability of a monetary zone, internal transfers must also be possible in order to redistribute surpluses in the rich countries towards countries in deficit. For the moment, the EU, with a budget of 1.2% of European GDP, not only has a problem of political legitimacy, it also lacks funding”.
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.