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Draghi Backed by Finance Ministers as Next ECB President
www.washingtonpost.com
[Washington Post] - May 17 (Bloomberg) -- Euro-area finance ministers put Mario Draghi on track to become the next head of the European Central Bank as the region struggles to contain a debt crisis sparked by ballooning deficits in southern Europe.
Debt talks continue without Strauss-Kahn
www.startribune.com
[Minneapolis Star Tribune] - At Monday's meeting in Brussels, ministers nominated Mario Draghi of Italy as next president of the European Central Bank. They also unanimously agreed to grant aid worth 78 billion euros ($110 billion) to Portugal under a three-year program jointly
Merkel rejects Greek restructuring before 2013
www.finfacts.ie
[FinFacts Ireland] - On a more positive note, finance ministers meeting in Brussels supported Italy's Mario Draghi to be the next head of the European Central Bank. Finance ministers also approved the €78bn rescue programme for Portugal. In Berlin on Monday
Google News: Daly Gold and Silver Report
[NASDAQ] - Mario Draghi has been selected the successor to head The European Central Bank after Jean-Claude Trichet's term expires on October Silver continued to struggle today as it lost and settle at $ for the session....
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