Draghi Says Governments Must Stick to Decisive Measures

European Central Bank President Mario Draghi said euro-region governments should continue to take “decisive measures” after the central bank’s liquidity provisions helped restore investor confidence.

While the ECB’s injection of more than 1 trillion euros ($1.3 trillion) into the banking system has calmed markets, “no single institution can carry the burden of addressing a set of challenges that are simultaneously economic, financial and fiscal,” Draghi said in Berlin yesterday. “The current stabilization should not make us pause in our responses.”