Mario Draghi reiterates more ECB action may be forthcoming.
My regular column is available to subscribers on www.thesundaytimes.co.uk This is an excerpt. On Thursday the European Central Bank (ECB) cut its official interest rate from 0.75% to 0.5%, its president Mario Draghi citing the fifth successive quarterly decline...
Five takeaways from the ECB's decision to cut rates and the press conference from President Mario Draghi that followed.
April 2 (Reuters) – Just as Mario Draghi’s pledge to “do whatever it takes” to preserve the euro is being challenged, the very same unqualified promise, this time to simply stop prices falling, is about to be put into action in Japan. In both cases within months we may well discover if it is the [...]
Whether or not Italian President Giorgio Napolitano intended to step down or it was just a rumor, following ECB President Mario Draghi phone call, Napolitano denies resignation reports. Napolitano pledged on Saturday that he would stay...Show More Summary
European Central Bank President Mario Draghi back in the spotlight.
When it comes to currency wars, ECB president Mario Draghi made an amusing set of statements as excerpted from Draghi Seeks to Quiet Talk About Global Currency War "I find really excessive any language referring to currency wars." "The...Show More Summary
He presented a quote from Mario Draghi, the President of the European Central Bank: "'The exchange rate is not a policy target, but it is important for growth and price stability. We want to see if the appreciation is sustained, andShow More Summary
Today's non-news that has the currency markets in a flux with a rising dollar and a sinking euro is a revelation by ECB president Mario Draghi that Eurozone Growth Risks are on the "Downside". Really? Downside? Yes, really. It wouldShow More Summary
Mario Draghi back in the spotlight
Yesterday I commented on how Italy's 3rd largest bank hid derivative losses,how it might affect the upcoming Italian elections, and why ECB president Mario Draghi should be under fire as well. For details, please see Italian PM Under...Show More Summary
When Mario Draghi (now ECB President), had oversight of the Italian bank system as Bank of Italy Governor, the Italian bank Monte dei Paschi di Siena (Italy's third largest bank) hid information on the derivatives transactions between 2006 and 2009. This information is just now out, and shares of the bank have plunged 22% in a few days. Show More Summary
He's three weeks late, but European Central Bank President Mario Draghi has finally made his New Year's resolutions. For Europe at least.
The sad state of euro-area monetary policy
By James Saft (Reuters) – Mario Draghi has saved the euro, for the time being, but seems less inclined to help the economies in which it is used. After stepping in last summer to put the full faith and power of the European Central Bank behind the vulnerable euro zone common currency, Draghi’s central bank [...]
There are good reasons for doubting whether things will turn out as well as Mr Draghi thinks.
Mario Draghi and Angela Merkel still working as year draws to a close
Tim Duy remains depressed about Europe: Europe Back In The Spotlight Europe faded from the news over the summer. European Central Bank President Mario Draghi's shift to allowing his institution to serve as a lender of last resort calmed...Show More Summary
Euroskeptic Tim Duy: Europe Back In The Spotlight, by Tim Duy: Europe faded from the news over the summer. European Central Bank President Mario Draghi's shift to allowing his institution to serve as a lender of last resort calmed nerves...
It's a sea of red in the US and European equity markets following the victory of president Obama and statements made by ECB president Mario Draghi. I highly doubt it would be any different if Romney had won. Regardless of who won the...Show More Summary