Examining Mario Draghi's Relationship With the Euro

The transcript discusses the eurozone's economic recovery, driven by domestic demand and GDP growth. The ECB is expected to revise GDP forecasts upwards while maintaining low interest rates. Mario Draghi's communication strategy impacts the euro's value, with silence often leading to an increase. The eurozone's openness and current account surplus support the euro, but inflation remains a challenge. The ECB aims for a strong recovery to enable tapering in 2018.

In what ways is the eurozone economy described as being more open compared to the US and Japan?

What challenges does the ECB face in generating core inflation?