'Lost decade' possible for global economy, ECB's Stark says

MarketWatch: 'Lost decade' possible for global economy, ECB's Stark says
"The failure to address long-overdue reform challenges promptly might result in a 'lost decade' for the global economy," Stark warned Monday ... "Only partial progress has been made so far, and the distortions that led to global imbalances are still present."
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Despite some stability, "substantial fragilities remain and the outlook is fraught with risks," Stark said.

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