The European Central Bank's measure will not work if the EU and its member states cannot carry out their obligations, warned Mario Draghi. It looks like nations absorbed Draghi's call to action as France and Germany turn to a new investment plan designed to fuel economic growth.
Juncker promised to pump 300 billion euros into the region's economies. Although the details are still murky, Europe cannot afford to tarry now. Germany knows good and well that it needs to start growing in order to keep the euro zone economy moving forward, because traditionally it is the region's motor. Merkel only named one condition: other nations need to complete their structural reforms. This will be an integral factor in the Europe's success.