All's well in the euro zone

Contrary to incessant and repetitive media mutterings about the sickly euro zone economy, it would seem that in fact all is well. So well, in fact, that the ECB has decided that there is really no need for its forthcoming fortnightly meeting because there simply isn't anything worth talking about.

According to an ECB spokesman, "There weren't enough points on the agenda." Oh well. It was going to have been a telephone conference, and would have been devoted to more technical subjects,

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