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Mario Draghi on the back foot as ECB considers eurozone policies
Mario Draghi is expected to sit on his hands on Thursday when faced with calls for action. With his trademark grin, the president of the European Central Bank will bat away questions about the poor state of the eurozone economy with bland statements about a steady recovery. He will be on the back foot after a fall in retail sales volumes across the 17-country region by 0.6% month on month, which proved a shock result for analysts who bet on eurozone growth at least maintaining its recent momentum. The decline reverses August's 0.5% increase. Unemployment outside Germany is also a sore point. Across the eurozone the ... (full story)
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