Wall Street Journal (August 2)
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.”
The Independent (May 31)
A day of stunning developments in the European debt crisis is summed up simply. “Spaniards are moving money out of their nation’s banks faster than at any point since records began, as Fitch downgrades eight regions and ECB President Mario Draghi warns Europe’s leaders must clarify their vision for the euro.”A day of stunning developments in the European debt crisis is summed up as “Spaniards are moving money out of their nation’s banks faster than at any point since records began, as Fitch downgrades eight regions and ECB President Mario Draghi warns Europe’s leaders must clarify their vision for the euro.”
