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German Chancellor Angela Merkel welcomes Mario Draghi, at the time a candidate to head the European Central Bank, to the chancellery in Berlin in June 2011. Much of the credit for the easing of Europe’s financial crisis has been given to Mr. Draghi’s leadership. For her part, Mrs. Merkel has backed the ECB’s bond-buying plan, made conciliatory statements toward Greece and spoken forcefully about keeping the eurozone together. (Associated Press)

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