however, will be talks on Tuesday among euro zone finance ministers to try to agree with the International Monetary Fund on a stop-gap financing programme for Greece.
Athens is drowning in debt and needs a new write-off, the IMF and virtually all private economists say. But that is politically taboo before German elections next September. Hence the need to keep drip-feeding aid to Athens - something the Fund is reluctant to do on the basis of debt sustainability projections it considers unrealistic.
The European Central Bank has reduced the risk of a disorderly break-up of the euro by promising in principle to buy the bonds of big indebted countries such as Spain and Italy.
But the wrangling over Greece is a constant reminder of the single currency's shaky foundations, and that weighs heavily on Europe's economy.
The financial stability that has been created by the measures that the ECB has taken over the summer is not translating into a better economic outlook, said Bert Colijn, an economist in Brussels with the Conference Board, a research outfit.
Giving some thanks
The euro zone went into the fourth quarter with industrial output slumping, and a November survey of the area's purchasing managers due on Thursday is likely to offer scant relief.
Economists polled by Reuters expect the index derived from the survey to tick up to just 45.8 from 45.7 in October - still well below the boom-bust threshold of 50.
A parallel poll of procurement executives from German industry is forecast to show no change, while on Friday Munich's IFO institute is expected to report a deterioration in the business climate in Europe's biggest economy.
Colijn said concern over the prospects for China, a big customer, was affecting Germany. You see in declining orders and business confidence that the global weakening in manufacturing is a concern to Germany as well, he said.
But there should also be reasons this week to give some sort of thanks. Several banks expect China's HSBC/Markit purchasing managers' index (PMI) to regain the neutral mark of 50 after a reading of 49.5 in October.
And even the dark cyclical cloud enveloping the euro zone's PMIs has a