Draghi Spared as Confidence Mood Swing Quells ECB Rate-Cut Talk

Draghi Spared as Confidence Mood Swing Quells ECB Rate-Cut Talk

David Ramos Vidal/Bloomberg

Jobseekers queue outside an employment center in Barcelona, Spain. Unemployment in Europe reached a record 11.8 percent in November, with at least every second young Spaniard out of work.