Can Draghi Turn the EU Ship Around in Time?
What a roller coaster ride Europe has embarked upon. A week ago Mario Draghi, the president of the European Central Bank, made his now-famous “whatever it takes” remark in defense of the euro, and the markets bounded upward. Since then…
How the EU Got Its Mojo Back–19 Summits Later
LONDON— By my count it took 19 European Union summits since the Greek economy began to crack three years ago, but EU leaders have finally finished dithering. At the summit in Brussels last week, we can now look forward to…
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