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Draghi Says ECB Not Guilty as Protesters Target Austerity

President Mario Draghi said the European Central Bank is not responsible for causing the economic woes that brought protesters into Naples’ streets as the institution’s leaders met in the southern Italian city.

“We have an understanding for the reasons that are behind these protests,” Draghi said during a news conference after today’s meeting. “What I find in need to be corrected is the perception that the ECB” is “guilty and is at the origin of this situation.”