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"The euro is solid," Draghi told a gathering of market operators in Naples," but he called on the EU to extend and reform its economic structures "with the same vigour it devoted over the years to consolidating government budgets."
Though everything I've seen regarding Draghi's GS ties is really wretched. And Germany resents him for being associated with the use of derivatives by Greece and other EU countries to get around the German Stupidity Pact.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Migeru (migeru at eurotrib dot com) on Fri Jan 21st, 2011 at 11:08:25 AM EST
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