Amid all the headlines about Spanish riots and the rise of Greek fascists, there was one news event this week that might suggest "Eurogeddon" is not as inevitable as we are constantly being tol.
This rare piece of good news was covered in the sports pages rather than the business section.
It was the excitement over Europe's comeback victory over the US in the Ryder Cup that should make commentators and think tanks a little slower to issue their relentless declarations that the euro is within months of collapse.
The fact that Jose Maria Olazabal and his fellow golfers won their biennial match against the US was not the point. A few nerveless putts are not going to lift anybody's spirits enough to somehow boost consumer confidence or stimulate new economic growth.
The significant thing is that when the winners were hugging, spraying champagne around and being congratulated for having a better team spirit than the Americans, they were doing all this under the European flag.
Read more: A win at the golf shows Europe a whole-in-one | The Australian
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