Mario Draghi
European Central Bank President Mario Draghi testifies before the European Parliament's economic affairs committee in his role as the head of the European Systemic Risk Board on May 31, 2012 in Brussels. Mario Draghi called on Thursday for eurozone leaders to lay out a vision for the future of the embattled bloc, as its current set-up is 'unsustainable.'
Connections
Quotes
We are just in the middle of the river that we are crossing. The only answer to this is to persevere and for the ECB to create an environment that is as favourable for this as possible
We saw stabilizing economic activity at low levels in the first three months ... The most recent survey indicators show uncertainty prevailing. We will be clearer in our assessment next month.
we found accommodative in view of an economic outlook that becomes more uncertainMore quotes »
Newsday's coverage
-
ECB's Draghi: Premature to talk of loan exit
-- European Central Bank President Mario Draghi said Wednesday that with unemployment rising and economies shrinking across the continent it is far too soon to discuss winding down its massive support for Europe's financial system.The bank is still sizing Read more »
-
Two Marios reshape Italy's image at home, abroad
ruin."If you want to hear something positive about Italo-German cooperation, I can say this: I highly appreciate the work of Mario Draghi , and it goes without saying that I appreciate that of Mario Monti ," Merkel told reporters last week after meeting with Read more »
-
Summary Box: ECB keeps rates unchanged
growth as it left its benchmark refinancing rate unchanged at a record low of 1 percent.NEXT STEPS: Central bank chief Mario Draghi said governments and banks, but especially banks, must continue reforms and repair their balance sheets to support a recovery.PUMP Read more »
-
Draghi: Greek compliance must be 'flawless'
with its bailout agreement must be "flawless" for the financially struggling country to avoid worse trouble.ECB head Mario Draghi said in an interview with the Frankfurter Allgemeine Zeitung that "the key to controlling risks lies with the implementation of Read more »
Around the web
-
Mario Draghi Provides the Right Analysis, But the Wrong Solution
had to deny that an IMF bailout was being considered. While Mediterranean governments have failed to tackle their own problems, Draghi’s attack on inaction was a poorly disguised glare in Germany’s direction. For some time the idea of an ever closer fiscal 3:48 PM from Reason Read more »
-
Mario Draghi’s Admission: Lying to Europe (Update: Irish Vote Yes on Austerity Pact)
in France, Greece, a German state, etc, tell us that. But voters are still being lied to about what they need to do. What Mario Draghi just admitted at the European Union is not merely that Europe’s leaders need to define a sustainable future end state. What’s 1:10 PM from Firedoglake Read more »
-
Irish vote for fiscal treaty
as they celebrated, European Central Bank chief Mario Draghi warned in Frankfurt that the eurozone is "unsustainable" in its present form. And critics said the tougher deficit rules would do nothing to stimulate desperately needed growth in bailed-out Ireland, 11:41 AM from Morning Star Online Read more »
-
This WEEK in the European Union
to the drachma or Spain asks for a bail-out, with perilous implications for the single currency. European Central Bank chief Mario Draghi endorsed the banking union in remarks to MEPs in Brussels this week. He said national goverments have a bad track on rescues: 11:36 AM from EUobserver.com Read more »
-
Eurozone set-up is unsustainable, says bank chief
hit out at the political paralysis gripping the region, as he warned that the eurozone's set-up was ''unsustainable''. Mario Draghi said the central bank could not ''fill the vacuum'' left by member states' lack of action as it was claimed the zone was on 10:56 AM from Sydney Morning Herald Read more »
