The Deification of Draghi
• The Daily Bell Having "saved" the euro last year, I think that title belongs to Mario Draghi, head of the ECB. This article looks at why that is, and why it's less than ideal. ... Having "saved" the euro last year, I think that title belongs to Mario Draghi, head of the ECB. This article looks at why that is, and why it's less than ideal. One of the things for which Henry Kissinger is famous for asking is, "Who do I call, if I want to talk to Europe?" Well, the European Commission may have a President, in the form of José Manuel Barroso, but I doubt that anyone thinks he's where the power in Europe lies. He's closer to a glorified bureaucrat. Meanwhile, others might say that Angela Merkel is where power truly lives on the continent.
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