Cameron's €urozone speech and Clegg's tax cut speech lead our teatime newslinks

DAVID CAMERON'S €UROZONE CRISIS SPEECH

• "David Cameron urged eurozone leaders to follow Britain's "bold and decisive" action in dealing with its crisis as he warned that the continent was facing a "perilous" moment. Addressing the annual World Economic Forum in Davos, the prime minister said three things needed to be done urgently in 2012 – "Greece, banks and firewall". He said the Greek situation needed to be resolved, banks recapitalised and an agreement reached on a new bailout fund for troubled eurozone countries." - Guardian
• "The PM also bashed Brussels over the Tobin Tax, also a favourite of Angela Merkel. He said it was “madness” to even think about at a time when the EC itself says it will cost €200bn and 500,000 jobs (importantly the Commission completely denies that it has said this about its current plan, and for the Financial Transaction Tax)." - Faisal Islam
• David Cameron urges European leaders to 'be bolder' - BBC
• "Reading Cameron's speech to the suits in Davos, one thing stands out: he's in no mood to stop ‘lecturing’ the eurozone, as Nicolas Sarkozy would put it. The whole thing is saturated with firm advice for our European brethren" - Peter Hoskin
• Cameron's prescriptions for Europe miss the point (again) - New Statesman

NICK CLEGG'S SQUEEZED MIDDLE TAX CUT SPEECH

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• WATCH: Nick Clegg: Squeezed middle should be given "more tax cuts, more money back in their pockets"
• Clegg to Cameron and Osborne: Cut taxes on the poor or defend the wealthy. It's your choice. - ToryDiary
• "There are no free lunches here and I think many of us believe the best way now to boost business confidence is not pushing it up to £10,000 to put some more money in the household pockets but to actually go for payroll taxes." - David Ruffley MP at PoliticsHome (£)
• "Unfortunately, being Nick, the Deputy Prime Minister then went on to say something utterly and perniciously misleading. "We had a situation (until recently) where a hedge fund manager paid less tax on their shares and capital gains, than their cleaner did on their wages." No, Nick, he DID NOT pay less tax than his cleaner. He paid tax at a lower rate – which is a very different thing." - Janet Daley
• "Coalition is a process of negotiation. If Mr Osborne gives Mr Clegg this one, what might he get in return? Team Dave is already thinking about the next legislative session, and in particular the damage a drawn out fight over Lords reform will do to the Coalition's programme." - Benedict Brogan

MORE DEFENCE CUTS

• "Another 3,000 civilians are to be axed from the Ministry of Defence to help it bring down an estimated 2bn overspend in its budget, the guardian has learned. Philip Hammond will be forced to make the embarrassing admission in the coming days amid fresh concern within the MoD about how to balance its budget." - Guardian
• "The taxpayer faces a bill of more than £850 million for making thousands of troops and staff redundant from the Ministry of Defence. The money will go on pay-offs for those axed as a result of cost-saving measures." - PA

IN BRIEF

• Diane Abbott, a shadow health minister, "has resigned from a cross-party group on counselling given to pregnant women by abortion providers, dismissing it as a "front" for those who want it outlawed." - BBC
• Scrap metal laws to be tightened to tackle theft - BBC
• Mick Jagger ditched David Cameron for Boris Johnson - Business Insider
• Refused honours: who were the people who said no? - Guardian
• LISTEN: Lord Mandelson: Ed Miliband is "struggling to invent a new left-of-centre political paradigm"
• Local government: Frank Field calls for "Premier League" for those on housing waiting list
• David Skelton on International: Mitt Romney's inability to attract blue-collar voters mirrors David Cameron's problems in 2010

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