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Mario Draghi

ECB leaves key rate at 0.75 percent
The European Central Bank has left its key interest rate unchanged at a record low of 0.75 percent, holding off on further stimulus for the euro ...
ECB to face Cyprus questions at rate meeting
European Central Bank President Mario Draghi will try Thursday to reassure markets that Cyprus's chaotic bail-out won't worsen the euro currency ...
Savings account seizure plan draws fury in Cyprus
A plan to seize up to 10 percent of savings accounts in Cyprus to help pay for a €15.8 billion financial bailout was met with fury Monday, and the ...
Europe eases the austerity whip _ a little
Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity. Political leaders ...
Draghi: Do more to promote jobs, growth
European Central Bank President Mario Draghi is urging indebted governments to move beyond spending cuts and tax hikes and introduce reforms that ...
Key quotes from ECB head Draghi's press briefing
At his monthly news conference following the European Central Bank's policy-setting meeting, President Mario Draghi on Thursday answered questions ...
Key measures by ECB chief Draghi
European Central Bank chief Mario Draghi has been in the job since November 2011. Here are some of the key steps the bank has taken to ease Europe's ...
ECB to urge Italy to stay course on reform
The European Central Bank likely won't offer more help Thursday for Europe's struggling economy, instead pressing indebted Italy to stick with its ...
French minister: ECB must do more for jobless
A French official says the European Central Bank is shirking its responsibilities toward Europe's unemployed and should do more to weaken the euro to ...
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 ...
EU says eurozone economy to shrink again in 2013
The European Union predicted Friday that the economy of the 17 member countries that use the euro will shrink again in 2013 even though it will see ...
ECB's Draghi pushes for European bank bailout fund
European Central Bank President Mario Draghi said Monday the 17-country eurozone must move swiftly to set up a joint fund to restructure and wind down ...
ECB: Cyprus aid with anti-money-laundering control
The European Central Bank chief says a financial rescue package for Cyprus must be accompanied by close and continuous monitoring of its progress in ...
Oil hovers beneath $96 on US, Europe growth fears
The price of oil hovered below $96 a barrel Monday, weighed by data released late last week which showed that U.S. industrial production weakened and ...
Q&A: Currency the latest threat to global economy
The world economy faces a new threat. Instead of a banking collapse or too much debt, fears are growing that countries are using their currencies as ...
ECB's Draghi: Spain is 'on the right track'
Spain has succeeded in stabilizing a banking system that almost collapsed last year and is well-positioned for better economic times going forward, ...
G7 seeks to defuse currency war fears
The Group of Seven leading industrial nations, which includes the U.S., Japan and Germany, warned Tuesday that volatile movements in exchange rates ...
Japan's Nikkei jumps on weaker yen
Tokyo's Nikkei 225 led Asian stocks higher Tuesday as the yen weakened after a possible candidate for Bank of Japan governor voiced support for easier ...
Euro chief won't rule out private Cyprus losses
The new head of the euro area's finance ministers refused Monday to rule out forcing private depositors in Cypriot banks take losses as part of a ...
ECB member warns against trying to weaken euro
A member of the European Central Bank's governing council has warned that any government attempts to push the euro lower could backfire. Jens Weidmann ...
China gives markets a lift at end of bruising week
Markets in Europe and Asia ended the week strongly after better-than-expected Chinese figures shored up hopes over the world's second-largest economy.
ECB's Draghi assessing impact of strong euro
European Central Bank President Mario Draghi pledged Thursday to keep a close eye on the recent rise of the euro, which some of the region's leaders ...
Text of statement by ECB President Mario Draghi
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today's ...
Oil prices close to $97 ahead of ECB meeting
The price of oil inched up to near $97 a barrel on Thursday, as markets awaited the outcome of a European Central Bank policy meeting and a report on ...