1. The sad record of fiscal austerity (Financial Times)
The ECB could have prevented the panic, says Martin Wolf. Tens of millions are now suffering unnecessarily.
2. The Lib Dems are not a serious national party (Times) (£)
Forget who said what to whom, says Daniel Finkelstein. Nick Clegg has failed to lead his MPs away from interest-group politics.
Coalition austerity has delivered depression and a lost decade, says Seumas Milne. Labour has to avoid locking itself into more of the same.
4. If Nick Clegg’s story won’t stand up, the Lord Rennard scandal could finish him (Daily Telegraph)
Even victory at the Eastleigh by-election will not put an end to the Liberal Democrat leader’s troubles, writes Mary Riddell.
From Italy to Eastleigh, the economics of self-flagellation have set off a wave of wildcat populism, with unpredictable results, writes Simon Jenkins.
6. Negative interest rates mean more pain for savers (Independent)
This suggestion by Paul Tucker, deputy governor of the Bank of England, may sound shocking, but it's a technical device, writes Hamish McRae.
7. Castro pledge is chance for change (Financial Times)
Lifting US constraints on Cuba will speed the regime’s demise, says an FT editorial.
It is imperative that discussions on the nuclear deterrent be driven by national security needs, not short-term political considerations, says Lord West.
Thanks to its proportional representation electoral system, the balance of power in Italy is held by a party whose leader is a stand-up comedian, writes Simon Heffer.
10. Britain's massive debt to slavery (Guardian)
Today the records that detail just how much the trade in humans benefited the UK will be made public, says Catherine Hall.