So have a Happy New Year already.

Germany’s finance minister says the worst of euro area’s debt crisis appears to be over after three years of worries over Greece and other members of the group of 17 European Union countries that use the single currency.

Meanwhile…

Berlin’s mantra about spending cuts in the eurozone is bringing unemployment and spreading hopelessness across Europe.

So take your pick, it’s both.

“I think we have the worst behind us.”