European Central Bank (ECB) chief Mario Draghi on Thursday (10 January) spoke of "positive contagion" in the eurozone economy, saying that the financial situation is improving and growth is set to return in the second half of the year.
In support of his sunny prognosis four years into the euro-crisis, he cited a set of indicators: cash flowing back to eurozone banks, Spanish bonds selling at low interest rates and reduced risks on the ECB's own balance sheet.
The improved sentimen...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login