The eurozone summit marks "the end of the Greek myth", considers Gazeta Wyborcza, noting that “European leaders decided to reform the euro zone so that markets would believe them, not rating agencies”. In its editorial, the Warsaw daily enthuses that “Europe starts working”, because “for the first time European leaders have decided to act in advance” and have come up with a plan that may finally put an end to the Greek sovereign debt crisis.
More important than the plan’s details, however, is the chance it creates for checking the spread of the “debt pestilence” that threatens other countries. The Greek crisis, notes Gazeta Wyborcza, comes as a painful lesson for Europe as a whole. “There are no miracles in economics. Who lives at others’ expense will have to tighten their belt sooner or later. And that’s never pleasant, even when the belt is around a fat belly”.
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.