Mario Draghi mouths more promises, but action is nowhere to be seen

| August 3, 2012 | 0 Comments

Let’s take Mario Draghi, president of the European Central Bank, at his word. Last week, he promised that the ECB would do “whatever it takes” to save the euro. So what did he do today, unveiling its monthly response to the crisis? Nothing. Rates were held at 0.75pc, there was no money printing, excited talk […]

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