Newspaper review: Papers review Cyprus economic crisis


The financial crisis in Cyprus is dissected by many of the day's papers, which have concerns over the way it is being handled.

The Independent says the situation has left Cypriots thinking the unthinkable: leaving the euro.

The owner of one of the country's largest retail and distribution groups tells the paper that he favours a return to the Cypriot pound, saying it is the only way to limit the damage to the economy.

The Times argues that Cyprus cannot be allowed to abandon the euro and it must help to pay the price of keeping it.

There is one clear lesson from this crisis, it says. "This is no way to run the currency union at the heart of the world's largest trading bloc."

The Daily Mail condemns what it calls an utter shambles. If the Eurocrats have this much trouble fixing the finances of a tiny island, it says, then what will happen if the Italian, Spanish and Portuguese governments declare themselves broke?

Freezing Easter

David Cameron uses an article in the Sun to defend his plans to restrict unemployment benefit for EU migrants who do not find a job.

He says immigration has brought huge benefits to Britain, but he believes there has to be a sensible debate about the issue.

The Daily Express focuses again on the weather - predicting that it will be the coldest Easter ever, with temperatures falling to -15C.

The Daily Telegraph adopts an optimistic note, saying the Met Office is forecasting a heatwave by the end of spring.

The failures at the UK Border Agency, identified by the Commons Home Affairs Committee, are condemned by the Express.

Shambles, it concludes, is not a strong enough word to describe the appalling state of the Agency. It questions how its boss, Lin Homer, was promoted to be chief executive of Revenue and Customs.

The Guardian believes Ms Homer is battling to save her job after what it calls one of the most severe attacks by a committee of MPs on a senior civil servant.

Boris scrutinised

The Times and the Guardian both have the same photo of Boris Johnson with his hands on his head as he looks to the ground. It was taken after what the Times says was a fumbling and occasionally excruciating interview with Eddie Mair on BBC One on Sunday morning.

The Independent feels the Mayor of London was left floundering by a series of damaging questions. The Sun describes it as car-crash TV.

But for the Guardian it was more of a bicycle crash, with spokes all over the road, wheels mangled and a reputation badly dented. In short, concludes the Mail, Mr Johnson's dream of becoming prime minister suffered a setback.

The sports pages are full of debate about what the Telegraph calls an explosive and extraordinary Malaysian Grand Prix.

The Independent expresses astonishment that the Formula One world champion, Sebastian Vettel, ignored team orders by overtaking his team-mate, Mark Webber, to win the race. The paper accuses him of being petulant and wanting to win at all costs.

The Daily Mirror says his action has irreparably fractured one of the most successful partnerships in the sport's history.

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