About: Mario Draghi Archives

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.

Italy turns to former financier, Article 16 is not the answer and EU steps up plans to fight cancer.

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.

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.

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.

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.

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.

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.

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. 

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 is …

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.

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.

As European partners remain disunited on the way forward to strengthen the eurozone, ECB President Mario Draghi made a wholehearted defence on Monday (28 January) of the need to act together to complete the economic and monetary union and increase the influence of the common currency abroad.

Appointments to the European Central Bank's Executive Board are no less than a strategic and political decision over the future of the Eurozone. But experience has shown this process is not transparent, open, and democratic enough to protect the ECB from its legitimacy gap, argue Stanislas Jourdan and Sebastian Diessner.

As the euro turns 20, leaders of the EU's main institutions called on member states to complete the reform of the Economic and Monetary Union, admitting mistakes were made in managing the eurozone debt crisis.