About: Draghi

Economic governance 12-09-2019

All signs point towards recession in Germany

The ifo Institute for Economic Research has lowered its forecast for Germany's economic growth for 2019 and 2020. Instead of the previously predicted 0.6%, the institute now expects a 0.5% growth rate for 2019. A potential hard Brexit and escalation of trade wars with the US were not taken into account. EURACTIV Germany reports.
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Economy & Jobs 05-04-2013

Draghi slams handling of Cyprus bailout

ECB president Mario Draghi on Thursday slammed the Cyprus negotiators for their initial proposal of making small savers pay for the country's bailout, He called the idea 'not smart, to say the least'. Draghi was quick to add that the proposal of imposing a levy on small savers did not come from the ECB.
Euro & Finance 05-04-2013

Draghi slams handling of Cyprus bailout

European Central Bank President Mario Draghi indirectly clashed with Eurogroup President Jeroen Dijsselbloem, stating yesterday (4 April) that the Cyprus bailout was "no template" for possible future solutions and pledged that taxing depositors would not become normal procedure. He also slammed the Cyprus' negotiators for their initial proposal.
Euro & Finance 08-11-2012

ECB chief sees no economic rebound this year

The eurozone economy shows little sign of recovering before the year-end despite an easing of financial market conditions, European Central Bank Mario Draghi said on Thursday (8 November) after interest rates were left at a record low.
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Economy & Jobs 06-09-2012

ECB’s Draghi presents eurozone rescue plan

This is the man who claimed he can save the euro. After weeks of uncertainty, European Central Bank's chief Mario Draghi on Thursday unveiled a much-awaited bond-buying plan. The scheme includes buying 'unlimited' amounts of short-term government debt from troubled countries and it is designed to lower the borrowing costs of Italy and Spain. Draghi also said the scheme was a "fully effective backstop" and that the euro was "irreversible".
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Economy & Jobs 04-09-2012

MEPs disclose Draghi’s bond-buying plan

Despite strong German opposition, the ECB could buy government bonds maturing in three years or less. This is what European Central Bank chief Mario Draghi suggested to a closed hearing at the European Parliament on Monday, according to MEPs present. "I understood the exchange in such a way that in the future there will be again interventions by the ECB." ALSO "I would see this in such a way that there could be tensions in the ECB Board, that's why he did not wanted to comment in public.", said Sven GIEGOLD (Greens/ALE, DE).
Euro & Finance 20-06-2011

Monti: France, Germany must take responsibility for eurozone crisis

EU leaders should examine their consciences and take responsibility when it comes to dealing with Greece and enforcing budget rules, said Mario Monti in an exclusive interview with EURACTIV Italy.