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Davos, Switzerland, Jan. 23, 2015: Mario Draghi (L), president of the European Central Bank, speaks in a panel discussion at the World Economic Forum (source: dpa)

Global trends: Europe’s weak spots ready to become new crises

Europe’s leaders have failed to solve the structural problems revealed by the crisis of 2008. Nor have they grappled with issues that have emerged in recent years. Examples include high public debt, the stock market bubble and distorted risk perceptions caused by the eurozone’s artificially low interest rates. For now, the situation has stabilized. Financial market...

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