"If you're an enterprise that is doing just basic text e-mail back and forth, chances are you're not going to run into any problems here, " he says.

CNN: 'Scanner' eyes Y2K problems in e-mail attachments

You can't think of any problems while you are here.

WSJ: Cyprus Gets Another Financial Bailout, This Time For Athletics

But here I haven't had any problems with personal safety.

BBC: Quiz our correspondent in Kosovo

I've been here four years now and never had any problems.

BBC: 'We are not the Shameless estate'

But because there is no solution in sight to Egypt's acute political problems, everyone here is aware that violence could revisit Suez at any time.

BBC: Suez: the city fighting a curfew

You know, she pointed out that this is just a short-term infusion of cash here, and it doesn't really solve any long-term problems.

NPR: A Closer Look: Helping the Working Poor

In any case it is all theoretical until they leave the euro, and here several other problems kick in: first with privatisation.

BBC: Greece: How do you save an economy from going bust?

And if I'm not mistaken, and, Gene, you may have the figures on the tip of your fingers here -- but less than 1 percent of the overall funding indicated that there were any problems in terms of fraud or misallocation of resources, et cetera -- I mean, an extraordinarily low number.

WHITEHOUSE: Meeting of the President's Council on Jobs and Competitiveness | The White House