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Image header Agence Europe
Europe Daily Bulletin No. 10519
ECONOMY - FINANCE - BUSINESS / (ae) euro

Monetary policy can't do everything, warns Draghi

Brussels, 19/12/2011 (Agence Europe) - The president of the European Central Bank, Mario Draghi, warned in an interview in the Financial Times on Monday 19 December of the cost and dangers of disintegration of the eurozone. Unlike his predecessor, who always refused to even countenance such a possibility, Draghi does not rule it out but says that the ECB buying up state debt is not a miracle solution to the crisis because countries themselves have to act first and is the only practical way...

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