Day, European equities higher and euro-zone sovereign-debt markets in a calm frame of mind.
If that happens, only the most radical measures, or a euro-zone bail-out, will turn things around.
ECONOMIST: A successful bond issue provides only temporary respite
Separate from the appliances business, the joint venture--the Haier-Ruba Economic Zone--will be the operator of the park.
Among them: euro-zone-wide unemployment insurance to supplement national benefits when economic shocks hit some countries harder than others.
The mutualisation of risk may have to encompass a euro-zone bank-resolution fund as well as a joint deposit-insurance scheme.
But a failure to ratify would mean that Ireland could not qualify for future support from the euro-zone bail-out fund.
As well as disagreeing on euro-zone bail-outs, the parties are at odds on tax, pension age, foreign aid and immigration.
And the commission has set aside the idea of a joint euro-zone deposit-insurance scheme because of German objections to pooling liabilities.
But there is another, stormier possibility: that of renewed market turmoil caused by the risk of sovereign default or a euro-zone break-up.
The worry for the EU is what the new government will do about euro-zone bail-outs such as the planned one for Portugal.
The ECB has not specified yield caps but it is determined to bring yields down from levels that reflect fears of a euro-zone break-up.
ECONOMIST: Has Mario Draghi done what it takes to save the euro?
Firms may soon feel less need for the comfort of a large cushion of cash, if the likelihood of a nasty euro-zone blow-up recedes.
This gap may explain the strength of the euro, which has risen against the dollar in recent weeks despite endless euro-zone sovereign-debt worries (see chart).
Euro-zone gross-domestic-product data showed a contraction in the fourth quarter of 2011 and nine out of the euro bloc's 17 member states posted a fall.
In last year's Finnish election the True Finns under Timo Soini went from almost no support to close to 20% by campaigning against euro-zone bail-outs.
ECONOMIST: The euro crisis: An ever-deeper democratic deficit | The
Delay highlights the risks of debt default and a euro-zone break-up.
The camera also includes an 11-point AF array and 63-zone dual-layer iFCL metering sensor together with 1080p Full HD video capabilities, in an affordable camera body.
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Cyprus's financial system is in trouble because of losses from Greek government bonds, inflicted during a euro-zone-led debt restructuring last year, and a quickly deflating real-estate bubble.
Participants were reacting to the loss of high-quality Libyan crude and its subsequent faster-than-expected resumption, Middle East unrest, the U.S. credit-rating downgrade over the summer, and the ongoing euro-zone sovereign-debt crisis.
At a minimum there must be a euro-zone-wide system of deposit insurance and oversight, with collective resources for the recapitalisation of endangered institutions and regional rules for the resolution of truly failed banks.
Peters, 64, has been one of the last people that about 20, 000 soldiers so far have seen before boarding the plane for the war zone -- and one of the first seen upon return.
Still, Atlanta maintained its slim advantage -- in part thanks to a missed field goal and a fumble by the 49ers Michael Crabtree just inches from the end zone -- into the fourth quarter.
Yet with Slovakia hoping to win an invitation to EMU in April-May this year, the take-it-or-leave-it approach to the euro-zone membership in east-central Europe may give way to a much greater sense of urgency.
But there is a danger that the result will be a bureaucratic mess that polarises the haves and have-nots of the euro zone, while further dividing the euro-zone and non-euro-zone members of the European Union.
ECONOMIST: Plans for common supervision could easily turn messy
Recognizing the demand for receivers capable of delivering audio and video to multiple zones within the home, Denon's new AVR-4310CI and AVR-3310CI offer three-zone, three-source capability and all other new models feature dual-zone, dual-source capability.
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Still, two things seem certain: the process will take a long time and the next government will be even more reluctant than its predecessor to support big euro-zone bail-outs paid for by fiscal austerity at home.
And Baghdad's International Zone -- where many Iraqi government buildings and embassies are located -- was targeted again Sunday by rockets or mortars, but no injuries or damage was immediately reported, a U.S. Embassy official said.
CNN: Al-Sadr calls off fighting, orders compliance with Iraqi security
The dragging of feet, the deep underlying problems facing the Euro, the impossible task of managing the disparate economies and political systems within the euro-zone - these are all problems with deep, and perhaps intractable, roots.
In government-bond markets, China's support for wobblier states may well dwindle as 2013 gets nearer: then a new euro-zone sovereign-debt fund will be able to promote the claims of European governments on some countries above those of other creditors.
ECONOMIST: Capital and companies from China are sidling into Europe
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