World Economy
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Call for Wage Cuts

Call for  Wage Cuts Call for  Wage Cuts

European Central Bank chief Mario Draghi on Thursday called for an “adjustment of wages” in the eurozone to strengthen the viability of the single currency, AFP reported. “This means that every economy has to be flexible enough to find and exploit their comparative advantages, so as to benefit from the Single Market,” Draghi said in a speech in Helsinki.

 

Financialtribune.com