JPMorgan’s Frenkel Says ECB Faces Significant Challenge

The video discusses the potential delay in the ECB's QE plan, highlighting the challenges faced by the ECB due to diverse economic situations among eurozone members. It emphasizes the leadership of Mario Draghi and the importance of strategy over timing in monetary policy. The ECB is compared to the Federal Reserve, noting Europe's significant economic improvement over the past year.

What is the significance of Mario Draghi's leadership in the context of the ECB?

In what ways has Europe improved economically over the past year?