UK

Newspaper review: Eurozone peril pondered in papers

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Media captionA look at the first editions of the UK papers

There is no shortage of warnings about the perilous state of the eurozone and the implications for the UK economy.

The Guardian says even European leaders now acknowledge unless a big solution to the crisis is found within days the eurozone will break up.

Former Chancellor Alistair Darling, writes in the Independent that a break-up of the euro now would harm not just the countries that use it.

He says it will harm Britain too and it is the last thing the country needs.

Secret plot

The Times says Germany is crucial in resolving Europe's greatest financial crisis in its postwar history.

It says the country has to choose between the risk of future inflation or imminent collapse of the eurozone.

The Daily Express says France and Germany have a "secret plot" to create a new eurozone without "debt-ridden nations".

The Daily Mirror reports Business Secretary Vince Cable as saying the crisis could unleash economic "armageddon".

Remember

The papers reflect on Armistice Day in their leader columns, with the Daily Mail saying it falls on a date that poignantly reads 11.11.11.

The Sun says we should put into perspective the difficulties and uncertainty that surround us today.

The Daily Telegraph notes it is the first Armistice Day without a surviving combat veteran of the Great War.

It urges ministers to do much more to help soldiers who have left the army after serving in Afghanistan or Iraq.

Hacking quiz

Following James Murdoch's appearance in front of MPs, the Independent's front page asks "who is lying?" in the hacking scandal.

The Guardian says Mr Murdoch is embroiled in a war of words with two of his former senior executives after they contradicted his account.

For the Times, this leaves MPs with the task of deciding who is the more credible witness.

The paper says in its leader that News International should have listened to its critics, not "gone after" them.

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