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European bank head to detail rescue plan

European Central Bank President Mario Draghi gets another chance today to spell out how the bank intends to rescue the 17 countries that use the euro from financial disaster.

Published: Sept. 6, 2012 at 12:05 a.m. PDT
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European Central Bank President Mario Draghi gets another chance today to spell out how the bank intends to rescue the 17 countries that use the euro from financial disaster.

Expectations have been high since late July when the ECB head vowed to do “whatever it takes” to hold the eurozone together. The following week Draghi announced the broad outlines of a plan to buy short-term government bonds to help out eurozone countries struggling to manage their debt.

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