Today's front pages

The world's major central banks have announced joint emergency measures to support fragile eurozone banks and prevent credit crunch in the global financial system.

Central banks buy time – Handelsblatt

Ahead of the European summit of December 9, Europe's leaders must come up with "agreement on evolution of governance at the heart of the Union."

Ten crucial days to save the euro – Le Monde

As up to 2 million public sector workers walked out on November 30 in protest against changes to their pensions, British thinktank The Institute for Fiscal Studies warned that British families are suffering the worst squeeze in living standards for more than half a century.

The big squeeze - Warning over incomes as Britain goes on strike – The Guardian

The Swedish daily comments the strikes in the UK: "the most extensive disruption to transport and services in 30 years."

Now anger is growing in Europe – Dagens Nyheter

Six Belgian political parties have reached agreement on forming a new government, headed by Francophone Socialist party chief Elio Di Rupo.

Di Rupo the First - after 535 days – De Tijd

A Transparency International report published today reveals that the inability of governments to tackle black market employment and tax evasion is a factor in the Eurozone debt crisis.

Government debt is the child of corruption – Jornal de Notícias

Italian Prime Minister Mario Monti is to present a 25 billion euro austerity plan on December 5 worth to avoid default. On November 30, Italian MPs also approved a "golden rule" amendment to the constitution which makes balancing the budget mandatory.

"Sacrifices or danger for Italy" – La Repubblica