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Peak of Crisis Is Over: Issing

Tuesday, 17 Jan 2012 | 11:08 AM ET

Otmar Issing, president of the CFS and the ECB's former chief economist, told CNBC, "I think the peak of the crisis should be behind us, because since all the problems became public a lot has changed, a lot has been done, especiallly in Italy the new government has totally changed course."