Mario Draghi
AYLESBURY, ENGLAND - MAY 10: (Front row L-R) Lew Jacob, U.S. Treasury Secretary, George Osborne Britain's Chancellor of the Exchequer, and Mervyn King, Governor of the Bank of England, react, as they take part in the family photo with Mark Carney, Governor of the Bank of Canada, (Top L) and Mario Draghi President of the European Central Bank (Top R), at the G7 finance ministers and central bank governors meeting on Friday May 10, 2013 in Aylesbury, England. The role of central banks in shoring up the global economic recovery is set to be a key point of discussion among top financial officials from the world's seven leading economies when they gather in the UK this weekend. In a statement Friday ahead of the Group of Seven's two-day meeting at a country house around 50 miles (80 kilometers) northwest of London, British finance minister George Osborne said the main task officials face over the coming two days is looking at how to 'nurture' the recovery.
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Quotes
We have a negative arrow on the euro today primarily because the dollar remains in demand and ECB speakers today ... Anyone could be asked about negative deposit rates and repeat (ECB chief) Mario Draghi's line that the ECB is technically ready.
The only reason he [Mario Draghi] got as high as 'C' is he's doing better than Jean Claude Trichet
We looked at a variety of things, one of which was this ABS. We're still looking at that, it's one of many options. We don't have a position, certainly, on that.More quotes »
Newsday's coverage
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El BCE reduce tasa clave al 0,5%
-- El president del Banco Central Europeo Mario Draghi no descarto el jueves mas medidas para apuntalar la debilitada economia de las 17 naciones de la eurozone - incluso tras abaratar el banco su tasa clave a un nivel historico.Draghi indico que el BCE vigilara Read more »
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Draghi: Reforms must continue despite social cost
-- European Central Bank President Mario Draghi has acknowledged that austerity measures and economic reforms can have heavy social costs -- but argues they are the way to a fairer society because they can reduce injustices such as widespread youth unemployment Read more »
Around the web
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ECB eyes supervisory role to squeeze weak banks
ECB chief Mario Draghi leaves a news conference in Moscow February 15, 2013. — Reuters picBRUSSELS, May 17 — The European Central Bank could use its new supervisory role from next year to single out weak banks and make it harder for them to get its finan from The Malaysian Insider Read more »
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Central Bankers Get Grades
Jim McCaughan, CEO of Principal Global Investors assigns grades to the heads of major central banks including Ben Bernanke, Mario Draghi and Haruhiko Kuroda. As the school year draws to a close, report cards are in for some of the world's most influentia from CNBC Read more »
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Weekly Radar: Draghi returns to London
ECB chief Mario Draghi returns to London next week almost 10 months on from his seminal “whatever it takes” speech to the global financial community in The City – a speech that not only drew a line under the euro financial crisis by flagging the ECB’s so from Reuters Blogs Read more »
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Eurozone recession extends to record as Germany cools
Draghi is trying to be transparent and tell the market that any sort of weak data would give them the ECB scope to cut again, and certainly that’s the way the market is trading The euro-area economy shrank more than economists forecast in the three month from Financial Post Read more »
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GLOBAL MARKETS-Weak German growth sends euro lower, shares near peaks
LONDON, May 15 (Reuters) - Surprisingly weak first quarter economic growth numbers from Germany and France sent the euro to a six-week low against the dollar on Wednesday, boosting the chance of another interest rate cut. European Central Bank president from CNBC Read more »
