International Monetary Fund: European Central Bank

European Central Bank: The European Central Bank, the governments of Germany, France, Italy and Spain, and the International Monetary Fund can now declare victory. The late-night crisis meetings in Brussels, and the promises of unlimited firepower to unleash against the speculators, can now be left to the historians to ponder over. , according to Market Watch. Such as? Reuters Mario Draghi, president of the European Central Bank, can declare victory: The financial crisis is over. However, the economic and political crisis is just beginning. Put out the flags. Run up the bunting, and start building the memorials. The euro-zone crisis which, for much for three years from 2011 onwards, threatened to blow up the single currency /quotes/zigman/4867933/realtime/sampled .0981% , and quite possibly the global economy as well, is now over. Over the last weeks, there have been a series of signals that the worst of the crisis is now passed. (news.financializer.com). As reported in the news.