Friday, 29 June 2012 16:53
BRUSSELS: European Central Bank chief Mario Draghi on Friday hailed as "a good result" a deal to recapitalise troubled eurozone banks via the forthcoming European Stability Mechanism rescue fund.
"The future possibility of using the ESM for direct capitalisation of the banks, which was something that the ECB had advocated for some time is another good result," of a two-day European Union summit, Draghi told media.
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