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Mario Draghi promised a bazooka but produces a pea-shooter

Pete Jackson
07/09/2012 | 04:19 GMT

‘Draghi has bought time but he is still a million miles away from lasting resolution. Only the politicians can provide that and, so far, they’ve shown very little inclination to do so’.

Jeremy Warner’s view on yesterday’s ECB initiatives and its new ‘ outright market transactions’ (OMT) … UK Telegraph

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