About: Mario Draghi

Global Europe 19-02-2021

Biden makes international debut at G7 with vaccines, economy and China in focus

Joe Biden will attend his first meeting as US president with Group of Seven leaders on Friday (19 February) to discuss plans to defeat the novel coronavirus, reopen the battered world economy and counter the challenge posed by China.
Politics 19-02-2021

Italy’s ‘Super Mario’ Draghi wins parliament backing for new government

Italian Prime Minister Mario Draghi on Thursday (18 February) secured final parliamentary approval for his government of national unity, allowing him to focus on his country's unprecedented health and economic crisis.
Elections 17-02-2021

Italy’s new PM Draghi promises sweeping reforms, urges national unity

Prime Minister Mario Draghi called on Italians on Wednesday (17 February) to pull together to help rebuild the country following the coronavirus pandemic and promised his new government would introduce sweeping reforms to revitalise the battered economy. In his maiden...
Elections 16-02-2021

Thumbs up on new Italian government led by ‘Super Mario’ Draghi

Germany and financial circles expressed optimism at the taking over of the helm in Italy by Mario Draghi, a former head of the European Central Bank, nicknamed as ‘Super Mario’ by some media for his ability to navigate treacherous waters.
Elections 09-02-2021

Italy’s 5-Star to hold online vote on whether to back Draghi

Italy's anti-establishment 5-Star Movement said on Monday (8 February)  it would consult members on whether it should back a government led by former European Central Bank chief Mario Draghi, increasing the uncertainty over the make-up of his coalition.
Politics 03-02-2021

Former European bank chief Draghi set to lead crisis-hit Italy

Italy's president is expected Wednesday (3 February) to ask former head of the European Central Bank Mario Draghi to take over as prime minister following the collapse of the coalition government in the coronavirus-ravaged country.
Elections 03-02-2021

Mario Draghi, eurozone saviour, now called to Italy’s side

Mario Draghi, the man credited with saving the eurozone in 2012 at the height of the debt crisis, may now be tapped to help one of its weakest links, Italy.
Elections 05-01-2021

Mario Draghi to replace Conte? Virus-hit Italy gripped by political crisis

Italy's Prime Minister Giuseppe Conte has more than enough on his plate as he deals with a raging coronavirus pandemic, but also faces the more immediate challenge of staying in office.
Economy & Jobs 18-08-2020

Draghi: Only ‘good’ debt can save Europe’s economy

Former European Central Bank chief, Mario Draghi, called on European governments on Tuesday (18 August) to ensure the colossal amounts of debt countries are running up in the wake of the coronavirus pandemic are invested in upgrading their economies.
Economy & Jobs 29-10-2019

Draghi attempts to heal divided ECB in farewell speech

Departing ECB president Mario Draghi tried to restore unity among eurozone central bankers  in his farewell speech on Monday (28 October) but he continued to defend his recent controversial monetary decisions.
Economy & Jobs 28-10-2019

Ciao, Mario: ECB’s Draghi hands baton to Lagarde

ECB chief Mario Draghi bows out Monday (28 October), passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers.
Economy & Jobs 24-10-2019

Draghi’s farewell demand: the eurozone budget

Outgoing European Central Bank President Mario Draghi stressed in his farewell press conference on Thursday (24 October) that a truly eurozone budget “with an adequate size" would be the number one issue to fix in the eurozone. 
Economy & Jobs 24-10-2019

EU grandees send Draghi to ‘euro pantheon’

European Central Bank President Mario Draghi chairs his last governing council on 24 October, before Christine Lagarde takes over on 1 November. EURACTIV contacted eight politicians, decision-makers and analysts from different countries to review Draghi's eight-year mandate at the ECB.
Economic governance 24-09-2019

French business expansion slows amid sluggish eurozone

France's private sector is growing at a slower rate and has reached the lowest level in the past four months, according to forecasts published by IHS Markit on Monday (23 September). For the eurozone, business expansion fell to the lowest level since June 2013. EURACTIV's partner La Tribune reports.
Economy & Jobs 24-09-2019

Draghi calls for euro budget in farewell to MEPs

ECB President Mario Draghi urged EU co-legislators on Monday (23 September) to set up a fiscal capacity to counter eurozone’s economic shocks, as he warned of the worsening economic outlook in his farewell debate with MEPs.
Economy & Jobs 12-09-2019

Draghi urges Germany, Netherlands to invest against risk of recession

The European Central Bank said on Thursday (12 September) it will reactivate its bond-buying programme, stepping up the monetary stimulus to maintain economic growth, but its president Mario Draghi told Germany and the Netherlands the time has come to spend more in order to avoid the risk of a downturn.
Economy & Jobs 20-08-2019

Recession fears grow as euro area inflation hits three-year low

Inflation in the euro area fell to 1% in July, its lowest level since 2016, according to Eurostat data released on Monday (19 August), adding pressure on the European Central Bank to consider relaunching its economic stimulus program in September.
Economy & Jobs 26-07-2019

Unconventional measures are seeing a comeback at the ECB

The ECB's key interest rate remains at zero and is expected to be at that rate at least until summer 2020. However, ECB chief Mario Draghi is suggesting that a decisive fiscal policy is far more important for the eurozone, especially for Germany and Italy. EURACTIV Germany reports.
Economy & Jobs 10-07-2019

Commission’s forecast paves the way for new ECB stimulus

The European Commission kept its growth forecast unchanged at 1.2% on Wednesday (10 July) but revised downwards inflation to 1.3% for this year and the next, strengthening the case for further monetary stimulus as global economic risks worsen.
EU Elections 2019 03-07-2019

Christine Lagarde, a non-conventional pick for the ECB presidency

A lawyer by training, Christine Lagarde has been nominated to succeed Mario Draghi as president of the European Central Banck (ECB). The IMF director has an atypical profile, due to her lack of banking experience and question marks over her past. EURACTIV France reports.
Economy & Jobs 19-06-2019

How to pick the next saviour of the euro

EU leaders will try to pick the new European Central Bank president on Thursday evening (20 June), in times when further monetary flexibility is becoming more likely, but EU officials and diplomats have warned against politicising the election of Mario Draghi's successor.
Global Europe 19-06-2019

Draghi brushes off Trump accusation of currency manipulation

European Central Bank chief Mario Draghi said Tuesday (18 June) that the institution “doesn’t target the exchange rate”, shrugging off an allegation of currency manipulation from US President Donald Trump. “We have our remit. We have our mandate. Our mandate...
Economy & Jobs 06-06-2019

ECB ponders further monetary stimulus to counter trade, Brexit risks

The European Central Bank decided on Thursday (6 June) to keep the low interest rates unchanged at least until mid-2020, and confirmed that it is considering further monetary stimulus, including further rate cuts and restarting the asset purchasing programme, to counter the trade tensions and Brexit uncertainty.
Economy & Jobs 11-04-2019

Brexit uncertainty weighs on eurozone growth, Draghi warns

ECB President Mario Draghi warned on Wednesday (10 April) that the uncertainty around Brexit was weighing on the eurozone’s growth but said he was still “hopeful” that major disruptions could be averted.
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