The recent weakness in Euro stocks makes that even more tempting, so a non-hedged fund such as the iShares Euro zone ETF (EZU) is doubly appealing. German opposition to accommodative monetary policy is understandable given their historical knowledge of the dangers of inflation, but it meant that the ECB failed to offer stimulus until the picture looked dire. Last night, in a speech in New York, ECB President Mario Draghi said that the Euro zone had returned to “…sustained growth under the impulse of our monetary policy.” That is obviously good news all around.