Greece has a chance to escape its current "downward spiral" if it implements the "important reforms" that its Parliament has approved, Mario Draghi, the president of the European Central Bank, told German newspaper Bild-Zeitung in an interview published Friday. "In order for Greece to overcome the crisis, it needs stable political conditions," Draghi said to the newspaper. He said many of the reforms in Greece, such as tax reform and tax collection to more justly distribute the burden, can have a quick effect in bringing the economy back. Draghi said Greece would face even more trouble were it on its own and with ... (full story)