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Against a backdrop of market pessimism over the bleak economic situation in Spain, the Governing Council of the European Central Bank is holding its monthly meeting amid tight security in Barcelona, where 8,000 police have been deployed.
Maximum pressure on ECB Council meeting – La Vanguardia
According to the latest figures from Eurostat, there are 17.4 million unemployed in Europe. Spain (24.1% unemployment) and Greece (21.7% unemployment) are the worst affected states. The rate in Germany is 5.6%, but the number of jobless in the country, which has now reached 2.88 million, is increasing.
Jobs: German miracle comes to an end – Financial Times Deutschland
The finalists in the race for the French presidency, François Hollande and Nicolas Sarkozy, squared off for the traditional election debate. In the end there was no clear winner in the two-hour long confrontation which was punctuated by skirmishes over figures and verbal clashes — an outcome that will favour front-runner François Hollande.
High tension – Le Figaro
As predicted, support from Prime Minister Viktor Orbán's Fidesz was enough to ensure that János Áder was elected by parliament to become the next president of Hungary. The new head of state announced that he will defend the new constitution, which has been contested by the European Union.
Another Orbán man to be head of state – Népszava
The shell of car placed on a tractor attempting to navigate an impassable road: what better metaphor for our country, argues the daily, following the fall of the country's right-wing government and the appointment of a left-wing prime minister.
21st century Romania – Jurnalul Naţional
On 2 May, the 76-year-old film director, who was one of the leading lights of Portuguese Cinema Novo, died of cancer.
1935-2012: the much-loved Fernando Lopes – Público
More than 18% of the 18-25 age group are without jobs. Budgetary restrictions that have put an end to incentives for the recruitment of young graduates may be to blame.
100,000 young people look for work in vain – Lidové noviny
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