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Morgan Stanley: Draghi Has a Master Plan in Mind

Thursday, 2 Aug 2012 | 3:30 AM ET

Elga Bartsch, chief European economist at Morgan Stanley, told CNBC, "I think Mario Draghi, president of the ECB, has something up his sleeve because I do think he has a master plan in mind which will bring together some support in the primary market from either the EFSF or the ESM and secondary market support by the ECB."