Central Banker Calls Euro Zone Structure "Unsustainable"

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At www.nytimes.com

The president of the European Central Bank, Mario Draghi, warned Thursday that the structure of the euro currency union had become 'unsustainable' and criticized political leaders who he said had been slow to respond to a regional debt crisis now well into its third year. The note of frustration and urgency in Mr. Draghi's voice made clear that he was aware of the problems in the euro zone that he said only the member nations' politicians could now solve.

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At www.nytimes.com


 

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