Draghi optimistic as ‘darkest clouds’ in euro area subside


Mario Draghi, president of the European Central Bank (ECB), yesterday (January 22) praised the euro area's progress during the past year and the confidence it helped create, but warned against complacency in 2013.

"The darkest clouds over the euro area subsided" in 2012, he said, but much of this success was predicated upon the expectation that countries' reformation will continue.

Draghi, speaking in Frankfurt, urged countries to move away from debt-financing in 2013, and employ structural refo

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: