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Last Updated:[05-08-2012 07:03:38 EDT] Zoom in Zoom out Back to Tradenews

Eurozone crisis: All eyes on European Central Bank president Mario Draghi to fight crisis



tradenews FRANKFURT: European Central Bank president Mario Draghi has already taken Europe's monetary authority into uncharted territory. Now, with the debt crisis in Europe threatening further disaster, he may have to push it even farther into the unknown to save the euro. The 17 countries that use the euro are struggling as economies across the region face deepening recessions. Spain and Italy, the two chief trouble spots, are threatened with a financial collapse that could tear the 13-year old currency union apart and rock the global economy




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