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

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 area is brighter today than it has been for seven long years," Mr Draghi told an economic forum in Sintra, Portugal.

The ECB had played its part in laying the foundations for recovery by cutting interest rates to record lows and pumping unprecedente…