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- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
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- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
Shows & Panels
Draghi: Reforms needed for growth
Friday - 1/25/2013, 5:18am EST
DAVOS, Switzerland (AP) - The President of the European Central Bank admits the renewed calm in the euro area's financial markets has yet to be reflected in the wider European economy.
Mario Draghi said Friday at the World Economic Forum that markets for stocks, bonds and bank credit have "a new, restored sense of tranquility."
But he added that "we don't see this being transmitted into the real economy yet."
Draghi said governments need to move on structural reforms to make their economies grow faster, which will help reduce government debt.
He said that once that's achieved, the stimulus from the ECB's low interest rates and easy credit to banks "should find its way through to the economy and we will see a recovery in the second half of the year."
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)