Financial markets and capital flows By the time recession ended in the United States and Mexico, financial markets had attained more normal conditions. Indeed, global uncertainty and fears expressed in the flight to quality which had disturbed the Mexican stock, currency and bond markets during the crisis, eased substantially by the middle of 2009.
If you compare today the euro area member states with six months ago, you will see that the world is entirely different today, and for the better. And this progress has taken different shapes.