About: Mario Draghi

Politics 05-02-2021

Tweets of the Week: Mario Draghi, Article 16, EU Cancer Plan

Italy turns to former financier, Article 16 is not the answer and EU steps up plans to fight cancer.
Euro & Finance 15-04-2015

Draghi assaulted by protester at ECB meeting

ECB chief Mario Draghi was assaulted by a protester during a presser on Wednesday (15 April). Jumping up on the table in front of him like a karate kid while throwing confetti, the young woman shouted 'ECB dictatorship' with a German accent, before she was wrestled out of the press room by security guards.
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Economy & Jobs 05-03-2015

ECB to start bond purchases on March 9

The European Central Bank will start buying government debt in its new quantitative easing programme on March 9, ECB chief Mario Draghi said on Thursday.
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Economy & Jobs 23-01-2015

Doubts loom over Draghi’s ‘political’ bond-buying scheme

European Central Bank president Mario Draghi grabbed the spotlight on Thursday, as he announced Europe's latest hope to revive its weak economy: the so-called quantitative easing, or a bond-buying scheme of 60 billion euros a month.
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Economy & Jobs 22-01-2015

ECB launches bond-buying scheme of €60 billion per month

The European Central Bank announced on Thursday it will buy bonds worth 60 billion euros per month until September 2016, aiming to achieve a "sustained adjustment in the path of inflation"
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Economy & Jobs 21-01-2015

Markus Ferber: bond-buying scheme is beyond ECB’s mandate

German EPP MEP Markus Ferber showed strong opposition to the European Central Bank's expected decision to launch a bond-buying scheme on Thursday.
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Economy & Jobs 15-07-2014

Draghi: Rumours are unfounded, I will stay at the ECB

Responding to media speculation over his future, ECB president Mario Draghi said on Monday that rumours about his exit are “unfounded” and come from “interested parties”.
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Economy & Jobs 05-06-2014

ECB cuts interest rate to 0.15%

Speaking to journalists after its monthly Governing Council meeting, ECB president Mario Draghi said that the ECB has decided to cut interest rates to 0.15%.
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EU Priorities 2020 09-05-2014

Draghi hints ECB may act in June, keeps interest rates unchanged

The European Central Bank is ready to take action next month to boost the euro zone economy if updated inflation forecasts merit it, its president said on Thursday, warning outsiders not to pressure the bank into action.
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Economy & Jobs 01-04-2014

EU ministers agree 3-part bailout loan for Greece

Eurozone finance ministers approved on Tuesday the latest bailout aid for Greece, ending a six-month stand-off between Athens and its international lenders.
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Economy & Jobs 30-01-2014

EP Best of 2013: main events and legislative work

Video highlights of the European Parliament's work throughout 2013, grouped by theme: More Europe, Legislative Work, Foreign Relations, and Education & Culture.   Comment on:  Google+ - http://tinyurl.com/orh99s6 Facebook - http://www.facebook.com/europeanparliament Twitter - https://twitter.com/Europarl_EN
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Economy & Jobs 12-09-2013

European Commission on a potential bailout for Slovenia

The European Central Bank is interested in Slovenia applying for aid from the European Stability Mechanism (ESM), the euro zone's bailout mechanism, according to German business daily Handelsblatt. Slovenia has been in recession since last year and is struggling to avoid an economic bailout. On Friday Slovenian officials said they would liquidate two small banks to ensure the financial stability of its banking system.
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Economy & Jobs 03-05-2013

EU unveils gloomy eurozone growth forecast

The eurozone economy will shrink more than expected this year, according to the European Commission which published its Spring Economic Forecast on Friday. The Commission's outlook also showed that 4 of the largest euro zone economies – France, Spain, Italy and the Netherlands – will be in recession throughout 2013. Only Germany's economy will grow.
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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.
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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).
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Banking union 31-08-2012

EU to unveil banking union plan on Sept 12th

European Commission president Jose Manuel Barroso said on Thursday that he will unveil a banking union proposal on September 12th. The proposal will coincide with his "State of the Union" speech at the European Parliament, and will outline a plan that could see the European Central Bank increasing its powers of supervision and intervention. The banking union is expected to focus on euro-zone members, as non-eurozone countries are likely to opt-out.
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Banking union 06-06-2012

EC presents plan for crisis banks

The European Commission on Wednesday unveiled a new proposal that will protect taxpayers from banks that go bust. Under the new draft legislation, shareholders and creditors would be forced to accept losses of troubled-banks instead of using public-funded bailouts. The new plan also allows member states to take control of crisis-hit banks and replace the management. Each institution would also have to create a special fund dedicated specifically for potential future crises.
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