Bank President Says Euro Safe

The president of the European Central Bank–a key player in the continental crisis–said Saturday that the eurozone is not in danger of splintering, even while analysts predict a coming crack-up. President Mario Draghi pointed to the recently approved financial and budgetary union, and said that Europe's markets should be able to weather the recent debt storm. Asked by French newspaper Le Monde if the common currency could fail, Draghi said "No, absolutely not." The pessimists, he claimed, "don't recognize the political capital that our leaders have invested in this union and Europeans' support. The euro is irreversible."