The European Central Bank will not simply print money to solve the eurozone debt crisis, the bank's president Mario Draghi said Tuesday. "The ECB cannot undertake monetary financing and cannot replace what other member states should do in this ... it's too easy to think that the ECB can replace governments' action or lack of it, printing money. That's not going to happen," Draghi told a hearing of the European Parliament's committee for economic and monetary affairs in Brussels, broadcast via the parliament's website.
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