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Gurria: ECB Now a Much More Active Player

Thursday, 26 Jul 2012 | 11:00 AM ET

Angel Gurria, OECD Secretary-General, told CNBC, "Mario Draghi has changed the profile and the face of the ECB which is now a much more responsive, more active, more important player, but again he has a framework, a mandate, certain limits that the institution has. There is a certain flexibility but what he drew attention to other players out there."