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Mario Draghi’s tricky endgame

The European Central Bank president faces an all too familiar problem in his final year at the helm

By Paul Wallace  

ECB President Mario Draghi. Photo: Frank Rumpenhorst/DPA/PA Images

Mario Draghi’s tenure as president of the European Central Bank is drawing to a close. Appointed at the height of the euro crisis in 2011, his eight-year term expires in a year’s time. For a brief period, especially in 2017, the single currency area appeared to have escaped its woes, allowing the former Italian central banker a calmer end to his office than its tempestuous beginning. But now his final year at the helm of the ECB looks set to be anything…

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