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Robert Pringle's Viewpoint: The eurozone’s unfinished business

robert-pringle

The economy of the euro area expanded in 2013, following a contraction the previous year. The final quarter of 2013 was the third consecutive quarter of growth. Analysts agree that this recovery has owed much to European Central Bank (ECB) president Mario Draghi's promise in mid-2012 that the central bank would do "whatever it takes" to safeguard the euro and the subsequent announcement of the Outright Monetary Transactions (OMT) programme, through which the ECB stands ready to provide

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