Draghi Returns as Euro Scarred by Brussels Brinkmanship
This article is for subscribers only.
Mario Draghi will reprise his role on Thursday as the public face of Europe’s single currency -- in the same week that it almost fell apart.
The European Central Bank president has spent months keeping the euro area intact with emergency aid for Greek lenders even as the nation headed for a default. While his strategy bought enough time for battling governments to finally reach a bailout agreement in Brussels on Monday, now approved by Greece’s parliament, the trauma left scars that may never fade.