# Structural reform

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Mario Draghi, the European Central Bank chief, wants Europe to unleash its untapped potential for higher output, employment, and welfare. He emphasizes the importance of structural reform and argues that now is the perfect time to make those reforms with a cyclical upturn in the eurozone. Draghi has no powers or authority over this sort of thing, other than to hector national governments. He's a big fan of reform, and he wants to make sure everyone knows it.

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