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Europe Daily Bulletin No. 10726

9 November 2012
ECONOMY - FINANCE - BUSINESS / (ae) ecb
Draghi say overcoming fragmentation will be a huge challenge

Brussels, 08/11/2012 (Agence Europe) - The European Central Bank says that because of the sovereign debt crisis, the eurozone's financial system is highly fragmented on a country-by-country basis despite encouraging signs observed since the ECB's OMT purchase plan was announced for sovereign debt. Speaking after the monthly meeting of the ECB Governing Council, ECB president Mario Draghi said there was a “major challenge ahead to overcome fragmentation. More than spreads, one should look...

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ECONOMY - FINANCE - BUSINESS
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COURT OF JUSTICE OF THE EU