At least EU commission President Barroso seems to think so… speaking in Portugal yesterday he said…
“I think we can say that the existential threat against the euro has essentially been overcome,” Barroso said in Lisbon. “In 2013 the question won’t be if the euro will, or will not, implode,” he said.
Barroso has maintained an optimistic stance throughout the crisis, but his comments were in sharp contrast to the new year’s message from German chancellor Angela Merkel, who told TV viewers last week that the currency zone faced another rocky 12 months.
Can’t say i share his optimism…. anyway the full story from the ‘Guardian’ can be read here
