- The euro is irreversible
- Draghi clarified the context of EU decision-making
- Re-balancing required for Greece to stay in euro
- Foundations of euro zone need to be rebuilt
Interesting comment on Greece — it was preceded by by him saying the euro is irreversible.
Update: his ‘ready to take action’ comments indicated action if certain conditions are met. It’s an important distinction because those are probably the same conditions the ECB is looking for.
