Draghi delivers sermon on trust
Mario Draghi, the European Central Bank (ECB) president, drew on his Catholic upbringing to deliver a sermon on trust in Munich yesterday.
Draghi identified an ethical imperative to pair Europe's subsidiarity model of decentralisation, with social support, but stressed they can only be bound together by trust.
This includes trusting each country will "put its house in order" by playing by the rules and – when needed – making politically difficult decisions.
"Individuals have to do what they can
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