‘Whatever it Takes’ – How Far is the ECB Really Prepared to go to Save the Euro?

Re-reading Mr Draghi’s market-moving remarks last Thursday, one gains a sense that the European Central Bank chief recognizes that the ECB has a banking run on their hand. Most market participants have understandably focused on Mr Draghi’s pledge that the ECB was “ready to do whatever it takes” to preserve the single currency. “Believe me, … Continue reading ‘Whatever it Takes’ – How Far is the ECB Really Prepared to go to Save the Euro?