European Central Bank's Draghi says eurozone recovering and that stimulus will boost inflation

March 11, 2015 8:47 AM

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FRANKFURT, Germany – European Central Bank head Mario Draghi says the 19-country eurozone economy is recovering and that recent stimulus measures will get inflation back to target.

Draghi told a conference Wednesday the recovery will broaden and strengthen. In the fourth quarter of 2014, the eurozone grew 0.3 percent from the previous quarter.

Also read: Draghi says euro remains vulnerable without banking union

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