Gurria: ECB Now a Much More Active Player

11:00 AM ET Thu, 26 July 2012

Angel Gurria, OECD Secretary-General, told CNBC, "Mario Draghi has changed the profile and the face of the ECB which is now a much more responsive, more active, more important player, but again he has a framework, a mandate, certain limits that the institution has. There is a certain flexibility but what he drew attention to other players out there."