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Thursday, 27 November 2014

ECB's Draghi warns countries to reform as clouds gather over euro zone

Draghi, President of the European Central Bank (ECB) delivers his speech at the European Banking Congress in the Old Opera house in Frankfurt By Jussi Rosendahl and Sarah White HELSINKI/ MADRID (Reuters) - Failure to reform and shield weaker members threatens to divide the euro zone, the head of the European Central Bank warned on Thursday, amid fresh signs the currency bloc's economy is losing speed. Delivering a blunt message to political leaders, Mario Draghi urged the 18 countries that share the single currency to consider ways to support struggling members, warning of the perils should fears that some might quit the euro be revived. ...








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