http://www.irishtimes.com/newspaper/opinion/2012/0907/1224323695963.html

Mr Draghi delivers

The Irish Times – Friday, September 7, 2012

IN LATE July Mario Draghi, president of the European Central Bank (ECB) promised the bank would do “whatever it takes” to ensure the euro’s survival. His reassuring words helped to ensure that August passed without financial markets suffering a panic attack during the holiday season.

Yesterday, Mr Draghi was required to deliver: to add substance to his promise, and to outline the actual steps the ECB would take to prevent a collapse of the euro zone. He did not disappoint the public or, for now, the markets. Yesterday the euro rallied strongly after the ECB meeting….”