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ECB has done its part and now govts should do theirs: Draghi

Start of recovery seen in eurozone is an opportune time to embark on structural reforms, he says

MR DRAGHI: The ECB chief says that the emerging recovery does not eliminate the debt overhang in parts of the eurozone, or the structural unemployment that haunts too many countries.

Sintra, Portugal

THE economic skies above Europe are clearing after the long years of crisis and it is imperative that governments take advantage of this to get their economies in order, European Central Bank president Mario Draghi said on Friday.

"The economic outlook for the euro

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