European Central Bank President Mario Draghi said on Friday that:

30 Nov
  • recession is still on te table (we have not left the recession)speach Mario Draghi
  • latest forecasts show that European economic recovery will begin in the second half of 2013.
  • he remained positive that Greece will remain in the Eurozone.
  • we are ready for a new intervention to maintain stability in the euro area.
  • it’s time for further efforts to strengthen the euro area.
  • the euro area needs to be strengthened across all 17 member states.
  • banking supervision should be applied to all banks.

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