US shutdown 'risk to global economy', says Draghi According to Goldman Sachs, another three week shutdown could shave as much as 0.9pc from US GDP in the third quarter. IHS, the research firm, estimates the shutdown is costing the US government about $300m a day. Mr Draghi also said the recent political turmoil in Italy reflected that the eurozone was stronger today that it was a few years ago. However, Mr Draghi remained ultra-cautious on the bloc's prospects for recovery. "When you look at periods of instability - we've seen them in Greece, Portugal and Italy - while instability may be hampering hopes for recovery in these countries, it doesn't really hurt the foundations of the eurozone as it used to do," he said. The eurozone and the euro is more resilient today than it was few years ago. Mr Draghi said the recovery remained "weak, fragile and uneven," and highlighted that it was starting from a very low level. He said that while unemployment across the 17-nation bloc had fallen slightly, the fall of around 5,000 last month came from a base of "millions."