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ECB Chief Says Situation In Eurozone Stabilizing: Report

The worst of the Eurozone crisis is over, European Central Bank President Mario Draghi reportedly said in an interview released on Thursday. "But there are still risks."

If inflation risks rise, the ECB will act immediately, the central bank chief told German daily Bild Zeitung.

The ECB hasn't had to buy sovereign bonds for weeks, suggesting that investor confidence is returning, he said.

by RTT Staff Writer

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