The Eurozone has recently been off our news radar. We Brits have become smug of late given our new-found growth, now that we’re the most rapidly expanding economy in the Western world (almost).
We certainly have a sense (oh joy!) that the “continental” economies aren’t doing as well as ours. Apart from those pesky Germans, of course, who are annoyingly good at making stuff the rest of the world wants to buy.
Yet, the euro as a tinder-box, which at any minute could spark financial meltdown – that fear seems to have gone. The euro as a ticking-time bomb, about to explode, causing another Lehman-style Minsky moment on global markets – surely, all that has been dealt with, sorted, solved?