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Low inflation rates hurting Eurozone says Draghi


economy

Low inflation rates hurting Eurozone says Draghi

ECB President Mario Draghi has indicated he wants more drastic action to breath life into the eurozone economy.

Draghi believes excessively low inflation rates need to be raised and quickly .

The banker said there was no sign of growth on the horizon and the European Central Bank would would step up its programme to pump more money into the currency bloc if its current measures fail to have any impact on inflation rates.

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