Perhaps it’s time for some political give and take – less tax on production and more on luxury consumption, says Deborah Orr.
2. Greece’s future is at the ATM, not the ballot box (Times) (£)
Political manoeuvring may be irrelevant. A run on Greek banks could force an exit from the euro within weeks, argues Simon Ward.
3. Facebook is now priced for perfection (Guardian)
The weight of the world is now on Zuckerberg’s shoulders. As co-founder of Lastminute.com, I can, in a small way, empathise, says Brent Hoberman.
4. Time to end “Camerkozy” economics (Financial Times)
Ed Miliband argues that world leaders should reject the Cameron-Merkel-Sarkozy approach at the G8 this weekend.
5. Diego Garcia was never really ours. So sell it (Times) (£)
Britain still hasn’t compensated the people it kicked off an island now inhabited by the US military — but it can, says Matthew Parris.
6. Europe’s hubristic imperial overstretch (Financial Times)
It’s for Europe to return to the Treaty of Rome and abandon the hubris of global hegemony, argues Andrew Roberts.
7. What happened when Argentina defaulted (Times) (£)
Rioting, looting, bartering, killing: this is the scenario that could await Greece, and my country is still sufferin, says Andrew Graham-Yooll.
We will always need our greatest ally – but some Americans like us more than others, argues Charles Moore.
9. Germans only wanted peace and love – now everybody blames them (Independent)
The euro was an act of self-denial, says Simon Winder. They cashed in the mark for the greater good
It’s not No 10’s job to lecture us on child care. If you really want help, ask a commando, says Vicki Woods.