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Saturday, 11/08/2014 5:07:38 PM

Saturday, November 08, 2014 5:07:38 PM

Post# of 376
Draghi’s ‘Whatever It Takes’ Plan on Trial at EU Court
Bloomberg via Yahoo! Finance Oct 14 04:01am
European Central Bank President Mario Draghi helped save the euro with his pledge to do "whatever it takes" as lenders prepared for a collapse of the 18-nation currency, an ECB lawyer said at a hearing. The European Court of Justice, the bloc's highest court, is weighing whether Draghi's ECB overstepped its powers in 2012 with the promise to buy the debt of stressed countries if needed. "The ...


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