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ECB will do everything to preserve euro: Draghi

The head of the European Central Bank Mario Draghi insisted that the embattled euro single currency was "irreversible" as he announced further measures to shore up the eurozone.

The European Central Bank is of one mind in its determination to preserve the embattled single currency, its president Mario Draghi said on Thursday.

"The endorsement to do whatever it takes to preserve the euro as a stable currency has been unanimous," Draghi said, acknowledging however that Germany's central bank had "reservations" on buying government bonds as one way of tackling the eurozone debt crisis.