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SEP 25, 2013 - Forbes

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Mr Draghi, The Vicious Circle, And The Stress Tests

I was in Brussels on Monday and attended the European Parliament’s Economic and Monetary Affairs Committee for its latest meeting with Mario Draghi. The main topic of the meeting was the ECB’s new job as supervisor of the euro area’s banks. I came away from the meeting very concerned about two issues: The effect of banking problems on sovereign debt and the credibility of the upcoming stress tests.

Tags: Mr Draghi, The Vicious Circle, And The Stress Tests,  Euro Latest News