“Which is the odd one out?” headlines the Independent, leading with photos of this year’s royal wedding, the unseasonably hot spring, the Fukushima nuclear disaster, an aging North Sea oil rig and finally Chancellor George Osborne. Answer – “The top four are held responsible for the economic mess but not, apparently, the Chancellor.” The London daily poses this riddle after the release of statistics showing dismal UK growth figures -- +0.2 per cent for Q2, -0.5 per cent and +0.5 per cent in the previous two quarters. The Office for National Statistics blamed the four culprits above – the royal wedding cost the economy approximately 0.25 per cent of GDP, or £3.5bn (€3.96bn) - but for the centre-left daily the guilty party is the Chancellor himself, whose “squeeze on public finances” and VAT hikes, are “recklessly choking off" the recovery.
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.