The euro had a real nice day on the foreign exchange markets. European banks seem to be at least a bit stronger than anybody had thought. The German economy’s showing some surprising strength, too. So German policymakers are cautiously optimistic that the worst of the financial crisis is behind them. But with an austerity budget yet to take effect, the average person isn’t feeling quite as good. Kyle James reports now from Berlin.
(Aired on Marketplace on Feb. 8, 2011)