New hopes swell European forecasts

As investors take heart over the receding threat of disaster in Europe, they're breathing life into the continent's real economy. But financial pressures still hold cause for real concern.

FT.com

A rare beast has reappeared in Europe. In recent years, there were no confirmed sightings. But in the past few weeks, this shy animal – known as 'good news' – has been spotted in various European locations.

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