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If QE fails, the ECB and the eurozone are empty-handed and Mario Draghi would no longer be the magician of all central bankers (Photo: Council of European Union)

Calling the eurozone’s bluff?

Next week’s events have the clear potential to plant the seeds for another eurozone crisis. Not an immediate one with sharp market turmoil, but rather a creeping one: the sneaking and growing awareness that the eurozone is far from being perfect.

On 22 January, the European Central Bank (ECB) will plant the first seed. It will be very hard, if not impossible, not to announce the famous quantitative easing (QE) - government bond purchases.

Headline inflation turned negative for the...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

If QE fails, the ECB and the eurozone are empty-handed and Mario Draghi would no longer be the magician of all central bankers (Photo: Council of European Union)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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