Mario Draghi: costs of leaving the Euro Zone will be high

Note: This section contains information in English only.
Source: Marketwatch

Mario Draghi warned the Euro Zone members who are considering leaving the single currency bloc that they would still experience financial difficulties. Countries leaving the Euro Zone and devaluing country's currency will face high inflation and still have to implement structural reforms but they will be in weaker position than the Euro Zone members. He also stressed the leading role in struggling the debt crisis has to be taken by the union members not by the ECB.

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