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Wall Street Journal (August 2)

2012/ 08/ 04 by jd in Global News

Last week, European Central Bank (ECB) President Mario Draghi was prepared to do “whatever it takes” to save the euro. This week, he
“dashed hopes… unleashing a global selloff.” His “apparent backtracking on ECB intervention illustrates the challenge he faces in managing the central bank’s biggest shareholder, Germany.”

Last week, European Central Bank (ECB) President Mario Draghi was prepared to do “whatever it takes” to save the euro. This week, he
“dashed hopes… unleashing a global selloff.” His “apparent backtracking on ECB intervention illustrates the challenge he faces in managing the central bank’s biggest shareholder, Germany.”