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The case for Draghi's call for faster reform

For monetary stimulus to be effective, measures must be implemented "promptly and with determination"

Euro-area unemployment was 11.3 per cent in February. The jobless rate for January was revised higher to 11.4 per cent from 11.2 per cent.


WHEN Mario Draghi reminds politicians of the importance of economic reforms, the European Central Bank (ECB) president has fresh evidence to make his point.

Data published on Tuesday showed unemployment in Germany, reaping the benefits of an earlier revamp of labour rules...

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