Economy - Voice of America: Europe's Chief Banker Says Eurozone 'Unsustainable'

Economy - Voice of America economy-and-business

Europe's Chief Banker Says Eurozone 'Unsustainable' May 31st 2012, 16:42 Europe's chief banker says the current operation of the 17-nation euro currency bloc is "unsustainable" and that it must create a new vision of how it will manage its affairs in the coming years. The head of the European Central Bank, Mario Draghi, said the financial institution has done what it could to combat the eurozone's two-year government debt crisis. But he told the European Parliament in Brussels on Thursday that the currency union's individual countries ... Media files: 05CA6A25-C427-4727-9477-89B0405DA117_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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