Mario Draghi, president of the European Central Bank (ECB), departs following a news conference to announce the bank’s interest rate decision at the ECB headquarters in Frankfurt, Germany. (Photographer: Alex Kraus/Bloomberg)

Draghi Wins EU Standing Ovation as He Urges Looser Purse Strings

(Bloomberg) -- Mario Draghi told the European Union that additional monetary stimulus and a much more expansionary fiscal policy may be needed to overcome persistent economic weakness, at a summit ...

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