Mario Draghi: Eurozone ‘recovering faster than UK and US’

13 January 2013

Europe’s top central banker has claimed that the public finances of eurozone governments are healing more quickly than in other advanced nations, including the United States and Britain, and has set forth arguments for “prudent optimism” about the euro area.

Mario Draghi, President of the European Central Bank, argued that the situation in the eurozone was improving thanks to government reforms and advances including the injection of €1 trillion into the banks this year and the ECB’s new bond-buying scheme.