I mean, if there are "ongoing improvements in financial conditions", what is he doing announcing measures against there being no lending, no investment (ie everyone hanging on to their last penny)?

That just leaves him with "fiscal consolidation and structural reforms", which everyone can see are not in fact producing anything positive. As that is in fact the cake he wants us to swallow, it's a bit stale and nasty.

So, energy prices are the icing. Got to find some somewhere.