Draghi: Do more to promote jobs, growth

Thursday - 3/7/2013, 2:01pm EST

DAVID McHUGH
AP Business Writer

FRANKFURT, Germany (AP) -- European Central Bank President Mario Draghi is urging indebted governments to move beyond spending cuts and tax hikes and introduce reforms that would boost growth and reduce the "tragedy" of unemployment.

Speaking after the bank's monthly policy-setting meeting, Draghi praised the progress made by the 17 European Union countries that use the euro in controlling their deficits in an effort to dig out of the region's 3
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