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“In a dark room, you move with tiny steps. You don’t run, but you do move,” as Mario Draghi, President of the European Central Bank (ECB), describes the precarious monetary conditions in the Eurozone. A mistake, in my view, because if you’re unable to see, you inevitably get lost. Thus, if you grope in the dark, it would be wise to keep still and wait until some light enters the room or until your eyes become used to the dark.

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