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Europe Less Panic_Live.jpg

**FILE** German Chancellor Angela Merkel (center) speaks June 29, 2012, with European Central Bank President Mario Draghi (left) and Italian Prime Minister Mario Monti during a round-table meeting at a EU Summit in Brussels. (Associated Press)

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Germany European Cent_Lea.jpg

Mario Draghi, president of the European Central Bank, arrives for a news conference in Frankfurt, Germany, on Thursday, Sept. 6, 2012, following a meeting of the ECB governing council concerning further strategies to deal with the European financial crisis. (AP Photo/Michael Probst)

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20120802-194017-pic-465055538.jpg

Mario Draghi, president of the European Central Bank, addresses the media in Frankfurt, Germany, on Thursday after a meeting of the ECB governing council concerning the further strategies in the European financial crisis. (Associated Press)

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EU European Central B_Live.jpg

**FILE** President of the European Central Bank Mario Draghi reports May 31, 2012, to the Economic Committee, in capacity as the head of the European Systemic Risk Board, at the European Parliament in Brussels. (Associated Press)

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20120705-181845-pic-69442665.jpg

Greece's new finance minister, Yannis Stournaras, leaves Thursday after meeting in Athens with Prime Minister Antonis Samaras and debt inspectors from the European Central Bank, European Commission and International Monetary Fund. (Associated Press)

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Belgium EU Economy_Lea.jpg

European Central Bank President Mario Draghi, in his capacity as head of the European Systemic Risk Board, reports to the European Parliament's Economic Committee in Brussels on Thursday, May 31, 2012. (AP Photo/Yves Logghe)

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Belgium Europe Financ_Lea.jpg

Mario Draghi (center), president of the European Central Bank, talks with Mario Monti (left), the Italian prime minister and finance minister, and Luxemburgian Prime Minister Jean-Claude Juncker, chairman of the Eurogroup, during a ministerial meeting at the European Council building in Brussels on Monday, May 14, 2012. (AP Photo/Yves Logghe)

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Greece Financial Cris_Live.jpg

Poul Thomsen (right), the International Monetary Fund mission chief in Greece, European Commission official Matthias Mors (center) and Klaus Masuch of the European Central Bank leave Maximou mansion in Athens on Jan. 20, 2012, after a meeting with Greek Prime Minster Lucas Papademos. (Associated Press)

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20120116-203520-pic-260549526.jpg

European Central Bank President Mario Draghi, reacting to S&P's downgrade Monday of the European Financial Stability Facility to AA+, says banks and other financial firms should stop basing their risk assessment solely on the opinions of rating agencies. (Associated Press)

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Germany European Fina_Live.jpg

A euro sculpture stands in front of the European Central Bank (right) in Frankfurt, Germany. (Associated Press)