Mario Draghi news and stories by mail.com

Mario Draghi

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 ...
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 ...
S&P 500 hits five-year high, extends rally
The Standard and Poor's 500 edged up to a five-year high Friday, extending a rally that started in January. The S&P 500 rose 8.54 points to 1,517.
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 ...
Stocks retreat as Europe, earnings weigh
Stocks slumped on Wall Street Thursday, and the rally which has pushed indexes close to record levels stalled. The Dow Jones industrial average fell ...
Oil prices fall on ECB chief's comments on euro
The price of oil fell below $96 per barrel Thursday after the head of the European Central Bank expressed concern over a recent rise in the euro.
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 ...
Russia likely to contribute to Cyprus bailout
Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ...
Markets higher on good news from Europe, Japan
Positive economic news from the European Central Bank and Germany, combined with promises of more monetary easing in Japan, helped stock indexes in ...
Economist: Euro crisis could erupt again this year
Is the euro crisis over? A leading U.S. economist says not by a long shot. Even as the head of the European Central Bank talked Friday of "positive ...
Draghi: Reforms needed for growth
The President of the European Central Bank admits the renewed calm in the euro area's financial markets has yet to be reflected in the wider European ...
European leaders headlining annual forum in Davos
Promoting measures to get the global economy out of its crisis mode will be the focal point of next week's annual gathering of world leaders and power ...
Can Europe's markets climb through the slump?
The big worry a year ago was that Greece would collapse under its debts, upend Europe's markets and set off a global financial crisis. But the world's ...
Markets temper enthusiasm after Japan stimulus
World markets see-sawed Friday between hope and concern for the world economy, as investors weighed a massive spending package meant to reinvigorate ...
Stocks gain, pushing S&P 500 to five-year high
The Standard and Poor's 500 closed at another five-year high Thursday after the stock market got a boost from reports suggesting the outlook for ...