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Morning Call: pick of the papers

The ten must-read comment pieces from this morning's papers.

New Statesman

1. Miliband needs to be bolder on EU and immigration (Daily Telegraph)

Instead of offering a strong lead, the Labour Party leader risks giving the initiative to the Tories, says Mary Riddell.

2. Europe: no more talk of in-or-out. Let's think opt-outs (Guardian)

The EU treaties are not fit for purpose, but leaving makes no sense, says Simon Jenkins. Negotiation is possible without risking free trade.

3. Don’t be the PM who takes us out of Europe (Times) (£)

David Miliband imagines what advice John Major might offer David Cameron.

4. Japan should rethink its stimulus (Financial Times)

The real problem is a return to deflation and an overvalued currency, says Adam Posen.

5. The big chains simply cannot rival the choice or the price of online retailers (Daily Mail)

The high street as we knew it, and perhaps in some cases even loved it, is becoming history, writes Simon Heffer.

6. Towards a fairer capitalism: let's burst the 1% bubble (Guardian)

Talk of a more moral capitalism is just hot air unless we rehabilitate and reward the idea of value creation, writes Mariana Mazzucato.

7. Don't let HMV drown in the Amazon (Independent)

A scaled-down operation that adopts more of the "niche" principles of modern business thinking could yet thrive, says an Independent editorial.

8. Berlin slows down (Financial Times)

It is time for German companies to end pay restraint, argues an FT editorial.

9. The BA Christian case was judged rightly, and a true test of tolerance (Guardian)

Nadia Eweida's religious reasons for wearing a cross at work should not have been trampled on by BA's uniform policy, argues Andrew Brown.

10. We should not pay a penny of RBS’s fraud fine (Independent)

The cost, which could rise above £300m, should come out of the bankers' bonus pool, writes Andreas Whittam Smith.