ECB chief U-turns on eurozone stimulus

Mario Draghi admits ‘additional stimulus will be required’ if the economic outlook for the stuttering region does not improve

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European Central Bank President Mario Draghi
(Image credit: Thomas Lohnes/Getty Images)

Outgoing European Central Bank President Mario Draghi has said he would be open to boosting monetary stimulus if economic conditions in Europe do not improve, drawing an immediate rebuke from Donald Trump and concerns it could provoke a currency war.

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