Philip Tyson
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Eurozone economies 'need growth'

The European Central Bank holds its monthly meeting on Wednesday and global markets are awaiting the next move from ECB President Mario Draghi.

He has claimed that the worst of the eurozone debt crisis is over.

Certainly his trillion-euro injection into the banking system in the form of ultra-cheap loans has eased the pressure.

However, attention is now turning to the region's deeper economic problems.

Philip Tyson from ICAP told the BBC that it was "only a matter of time before sovereign debt crisis returns".

  • 04 Apr 2012