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San Diego, CA USA
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"European Union leaders appointed Italy's Mario Draghi as the next president of the European Central Bank today - a move that gives investors much-needed certainty over who will lead the institution in its pivotal role in the fight against the crippling debt crisis.
The timing of Draghi's appointment had come under doubt as fellow Italian executive board member Lorenzo Bini Smaghi had until today refused to leave his post."
EU leaders appoint Draghi as next ECB chief - RTÉ News
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