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Expressing more optimism than the OECD, ECB President Mario Draghi forecasts that the the...
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Friday, November 30, 2012, 4:16 AM ETExpressing more optimism than the OECD, ECB President Mario Draghi forecasts that the the eurozone will probably start recovering from recession "in the second half of 2013." He also says that while "fiscal consolidation results in a short term economic contraction," the reforms are "inevitable" after years of wrong policies. So a 4-5 year Greek depression is "short term?"
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