Mario Draghi, the president of the European Central Bank, laid the groundwork Thursday for a more aggressive response to the euro zone debt crisis, suggesting that the bank could increase its support for the European economy if political leaders took more radical steps to enforce spending discipline among members.
Mr. Draghi stopped well short of offering a European version of the huge securities purchases that the Federal Reserve has used to try to stimulate the U.S. economy.
Read the whole story at the New York Times.
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