And in the Age of Obama, with cleavages between liberals and conservatives growing ever wider in America, and with the future of the European Union hanging in the balance as the euro zone teeters on the edge of an abyss, the fact that Israeli society is becoming increasingly fortified is simply extraordinary.
But if the euro zone insists that Greece follow the bailout, the government's relatively small primary balance makes life outside the euro zone more feasible.
The stability-and-growth pact approved by the members of the euro zone looks for budget balance by 2004.
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The Zone, which is balance and moderation, is very similar to the diet your grandmother told you to eat.
Yet residents in the flood zone say they must balance a number of concerns as they decide what to do.
Germany must in effect be willing to put all of the distressed euro zone economies on its balance sheet and pay to keep them afloat.
With a few exceptions, the benchmark cost of credit in each euro-zone country is related to the balance of its international debts.
The euro zone is showing the symptoms of an internal balance-of-payments crisis, with self-fulfilling runs on countries, because at bottom that is the nature of its troubles.
She said the constant pressure to be doing more than one is capable of is stretching people beyond their comfort zone and ability to feel that they are living a life of balance.
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The ECB has been widely criticized for increasing the size of its balance sheet by purchasing government bonds and through other nonstandard measures to address the euro zone's debt crisis.
The softer background mood was based on the fact that several distressed Euro Zone banks had been afforded more time to raise the capital they need to bolster their balance sheets.
Cheaper access to dollars from the Fed (via the ECB) for euro-zone banks will give them greater incentive to roll over existing liabilities rather than merely shrinking their balance sheets at the current breakneck pace.
For today I am leaving my support and resistance levels unchanged from yesterday at 1.5000 for support and then a zone between 1.5130 and 1.5140 for resistance as traders try to find a point of balance for this pair.
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