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Absorb shock now or face permanent destruction, Draghi warns - FT

European Central Bank holds a news conference in Frankfurt
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FRANKFURT (Reuters) - European governments must quickly absorb the economic shock of the coronavirus crisis, even at the cost of high debt, as the alternative is permanent economic destruction, former European Central Bank President Mario Draghi wrote in a newspaper opinion piece on Wednesday.Considered the saviour of the euro amid Europe's debt crisis, Draghi argued that governments must protect..
Date Published: Mar 25, 2020
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