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Posted June 21st, 2019 by Charles Purdy

Bad news for the euro as Draghi suggests the currency needs more help

The euro suffered on Thursday after markets were “surprised” by candid statements from the European Central Bank’s (ECB) Mario Draghi, who suggested that the EU stands to collapse economically if its member states do not choose to support it with additional liquidity. He said the ECB would ultimately fail to repair the EU’s balance sheet […]

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