Draghi urges government action to spur recovery

Mario Draghi, president of the European Central Bank, today called on countries to make progress with economic reforms during the relative period of economic stability being experienced.

Speaking in Paris, Draghi said that with evidence of "continued signs of stabilisation in the euro area economy", Draghi said countries should "use this phase of financial stabilisation to make further progress on their programmes of economic reform – to strengthen their potential growth, to boost employment and