EU - Oct 24

Chief of the European Central Bank, Mario Draghi, issued a warning to Eurozone leaders about the risk of "relapse into recession.” Member state leaders were cautioned to not rely solely on the ECB, but to take initiative through implementing reforms and boosting investment. Draghi alluded to Germany, commenting on the need for countries to boost internal demand to help out the rest of Europe, while at the same time emphasized the need for further steps towards shared sovereignty.

Source: Bloomberg, Irish Times, EU Observer