Draghi told reporters following the ECB's monthly policy-setting meeting that it was now up to governments to get their economies growing. The chief risk to the expected recovery is "slow implementation of structural reforms in the euro area."While governments have cut spending to control their debts, they have been slower to bring in longer-term structural reforms. Those include ending two-tier labor markets where older workers have strong protections but companies are reluctant to hire young ones because they can't shed workers in a downturn.
ECB Leaves Rates At Record Low As Europe Struggles
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