Stark reminder that we're not out of the woods yet
IT hasn't gone away, you know. We have been slowly getting used to hearing good news in this country but the eurozone remains vulnerable to a shock and still has the ability to send the global economy into a tailspin.
The crisis in one of Portugal's oldest and biggest banks was a dramatic reminder that economic uncertainty can flare up at any moment and destabilise the world stock markets.
There are also long-term problems such as low growth that require solutions. Poor figures from France and Germany earlier in the week highlighted once again that the eurozone's recovery is faltering at best.