About: Mario Draghi

Economy & Jobs 25-10-2018

Draghi ‘confident’ about a deal on Italian budget

European Central Bank President Mario Draghi expressed his confidence on Thursday (25 October) about the likelihood of an agreement between the European Commission and the Italian government over Rome's spending plan for next year.
Economy & Jobs 25-10-2018

Course unchanged for ECB as growth worries bubble under

The European Central Bank seems certain to keep policy unchanged on Thursday (25 October) but likely to acknowledge the growth outlook is deteriorating, even if not yet enough to derail a carefully crafted retreat from stimulus.
Economy & Jobs 04-10-2018

Top EU judge backs ECB national bonds purchase policy

The European Central Bank's bond-buying programme does not exceed its mandate and is in accordance with EU law, the European Court of Justice (ECJ) advocate general said on Thursday (4 October), in response to complaints raised in Germany.
Economic governance 25-09-2018

Draghi warns on protectionism as a risk for the Eurozone

The Eurozone should prepare for US and China protectionist measures if they materialise, president of the European Central Bank Mario Draghi said on Monday (24 September) at the European Parliament.
Banking union 09-07-2018

Draghi urges countries to complete banking union as risks fall

European Central Bank President Mario Draghi urged eurozone member states to complete the banking union with a European Deposit Insurance Scheme, noting the “substantial” reduction of risks in the banks’ balance sheets and the benefits of risk-sharing.
Economy & Jobs 15-06-2018

Mario Draghi: The euro is irreversible

Despite concerns over a potential new euro crisis due to Italian political instability,the president of the European Central Bank,  Mario Draghi, believes the currency is “strong”. EURACTIV’s partner La Tribune reports.
Economy & Jobs 26-04-2018

ECB sees ‘loss of momentum’ in eurozone’s economic growth

ECB President Mario Draghi said on Thursday (26 April) that all eurozone countries experienced “some moderation in growth or loss of momentum” over the past weeks, as the institution is carefully reassessing how to exit the unconventional monetary measures adopted during the crisis.
Politics 21-02-2018

The Brief – Kartenhaus von Selmayr

For those who like to describe the EU bubble as the European version of ‘House of Cards’, today we saw its season’s finale. Our very own Frank Underwood secured a post to prolong his power and influence beyond the expected expiry date.
Economy & Jobs 20-02-2018

De Guindos champions pragmatism at the ECB’s helm

Designated ECB vice-president, Spain’s minister of Economy Luis de Guindos, said on Tuesday (20 February) that the existing expansionary monetary stance should be for “extraordinary times”, as he described the European recovery as solid.
Economic governance 20-02-2018

Eurogroup picks ‘pragmatic’ De Guindos for ECB vice-presidency

Eurozone finance ministers chose Spanish Economy Minister Luis de Guindos to become the next vice-president of the European Central Bank (ECB), marking the return of Spain to top EU posts after the country lost its chair in the bank's Executive Council.
Economy & Jobs 07-02-2018

De Guindos leads race to win ECB vice-presidency

Spain’s Economy Minister Luis de Guindos and Ireland’s Central Bank Governor Philip Lane will fight for the ECB vice-presidency to be discussed by the Eurogroup later this month.
Economic governance 02-02-2018

EU lobbying rules must apply at the ECB

The European Central Bank should meet the same demands as the Commission when it comes to lobbyists in its advisory structure, insists the Corporate Europe Observatory.
Economy & Jobs 29-01-2018

Jens Weidmann – the anti-Draghi?

Next year, there will be a change at the helm of the European Central Bank (ECB). Speculation about Mario Draghi’s successor is in full swing. One controversial name is appearing over and over again: Jens Weidmann, the President of the Deutsche Bank. EURACTIV Germany reports.
Politics 27-01-2018

ECB chief rejects chance to adopt EU’s transparency register

The European Central Bank’s President Mario Draghi has rejected calls from European lawmakers to have financiers who give advice and feedback to the ECB register as lobbyists, saying they merely provide “information”.
Economy & Jobs 15-12-2017

Macron convinces Merkel to hold key debate on future of euro in March

Amid the political paralysis in Germany, EU leaders decided on Friday (15 December) to postpone for March a “strategic political discussion” on the future of the eurozone and adopt a 'reform roadmap' in June.
Economy & Jobs 14-12-2017

Eurozone bouyant forecasts to bring early Christmas cheer for ECB

Positive new economic forecasts for the eurozone will bring early Christmas joy for the European Central Bank, but will not be enough to coax Frankfurt from its mantra of confidence tempered with patience, analysts expect, with president Mario Draghi set to avoid talk of further reducing its massive support to the economy.
Economy & Jobs 22-11-2017

EU auditors insist on full probe into ECB’s role in Greek bailouts

The European Court of Auditors (ECA) insists it had the right to look into the role of the European Central Bank in Greek bailouts, based on the Lisbon Treaty and a European Parliament resolution, and is now seeking ways to access the documents the ECB has refused to hand over.
Economy & Jobs 26-10-2017

ECB prolongs monetary stimulus at smaller amount

The ECB decided on Thursday to start reducing the monetary stimulus amid the improved economic situation in the eurozone, but decided to extend the asset purchase programme until September 2018.
Economy & Jobs 26-10-2017

ECB to chart end to easy money

European Central Bank governors are expected on Thursday (26 October) to begin weaning the eurozone off the high doses of support they prescribed in recent years but they remain far away from reaching their elusive inflation target.
Climate change 08-06-2017

Fighting climate change needs green investment to go mainstream

Ad hoc measures won’t be enough to fight climate change. The EU needs to step up and the ECB should start pumping some of its €60 billion monthly investments into green projects, insists MEP Neena Gill.
Politics 02-06-2017

ECB rejects appeal against hiring of president’s adviser

The European Central Bank has rejected a staff appeal against the handpicking of President Mario Draghi's policy adviser, batting back the most high-profile challenge to date to hiring practices at the Frankfurt-based institution.
Economic governance 11-04-2017

ECB hails 2016 as best post-crisis year

The European Central Bank judged yesterday (10 April) that it had a successful 2016, claiming in its annual report that it had nurtured economic recovery and that it was the eurozone’s most successful post-crisis year.
Economic governance 28-03-2017

ECB needs greater democratic oversight, TI says

The European Central Bank needs greater oversight and more accountability, as it has strayed into the realm of political decision-making but without the necessary scrutiny, global watchdog Transparency International said in a report on Tuesday(28 March).
Economy & Jobs 02-03-2017

Eurozone surpasses inflation target

Eurostar said on Thursday (2 March) that eurozone inflation surged to a four-year high in January, surpassing the European Central Bank's target of below, but close to 2% thanks to its monetary stimulus.