Draghi seeks 'shared diagnosis' of what ails global economy

June 28, 2016 9:29 AM

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SINTRA, Portugal – European Central Bank President Mario Draghi is calling for world leaders to agree on what ails the global economy and take more concrete action to promote growth and jobs.

Draghi said in a speech Tuesday at an ECB conference that the current slow-growth world of high savings, low investment, and weaker productivity could be tackled with pro-growth policies such as more public spending.

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