European Central Bank President Mario Draghi has bought some time for the eurozone with these comments towards the end of the week:
“Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.” Keep reading this post...
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ECB chief Mario Draghi was awarded Person Of The Year for 2012 by the FT today. The exact moment he really did so was on July 26, when he said: "Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And ... Read Post
Tomorrow, the European Central Bank closes out a remarkable year. On July 26, ECB President Mario Draghi set the tone for the rest of 2012 when he told the world, "Within our mandate, t he ECB is ready to do whatever it takes to pre... Read Post
Stocks rallied last week after European Central Bank President Mario Draghi declared that the ECB stands ready to do whatever it takes to preserve the euro. Nevertheless, most forecasters believe that the euro zone is heading for a ... Read Post