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Mario Draghi

UK picks Canadian to lead Bank of England
The British government has chosen Mark Carney, a Canadian, to become governor of the Bank of England, the first time a foreigner has been tapped for ...
EU leaders approve Mersch, another male, for ECB
The appointment of Luxembourg's top banker to a top post at the European Central Bank left it looking a lot like an Old Boys' Club on Friday.
Eurozone slides back into recession
The 17-country eurozone has fallen back into recession for the first time in three years as the fallout from the region's financial crisis was felt ...
After 3 bumpy years, Europe turns corner on crisis
The worst of Europe's financial crisis appears to be over. European leaders have taken steps to ease the panic that has plagued the region for three ...
Global markets shaken by US fiscal cliff fears
World stocks mostly fell Friday as fears persisted over the so-called U.S. "fiscal cliff" that's seen as a big threat to the economic recovery.
Asian stocks sink on US fiscal cliff fears
Most Asian stock markets sank Friday, weighed down by fears over the so-called U.S. "fiscal cliff" that's seen as a big threat to the economic ...
Stocks slide on Wall Street, extending sell-off
Stocks slid on Wall Street Thursday, a day after the Dow Jones industrial average logged its biggest one-day drop of the year, as investors fretted ...
Greek wait for cash goes on despite austerity vote
Greece's euro partners won't be able to release the country's next batch of bailout cash next week, even though the Greek Parliament narrowly backed ...
ECB president warns on economic growth
European Central Bank President Mario Draghi has warned that the economy of the 17 countries that use the euro remains weak and will struggle to grow ...
Text of statement by ECB President Mario Draghi
Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ...
Dow loses 313 in post-election sell-off
Wall Street greeted a second Obama term the way it greeted the first. Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the ...
EU: Eurozone recession to be worse, rebound slower
Europe's economy is still reeling and unemployment could remain high for years despite the progress made in solving the debt crisis, the European ...
Spain further delays ECB board nomination
The European Union's member states failed on Monday to name Luxembourg's top banker to the executive board of the European Central Bank after Spain ...
AP survey: Economic ills may defy next president
Whoever wins the U.S. presidential election will likely struggle to manage the biggest economic threats he'll face. That's the cautionary message that ...
Germany: No to new Greek debt haircut
Germany's finance minister has dismissed the idea of governments and other public creditors taking a hit on their Greek debt holdings, arguing that ...
EU Parliament rejects candidate for ECB top post
The European Parliament has rejected Luxembourg's top central banker for a post at the European Central Bank, an unprecedented move taken to protest ...
ECB's Draghi faces German lawmakers
The European Central Bank's president drew a broadly positive response from German lawmakers Wednesday when he told them that his bond-buying plan ...
Legislators reject Europe Central Bank candidate
A European Parliament committee has voted against the nomination of Luxembourg's top central banker to a post at the European Central Bank, saying ...
IMF urges quick, effective moves to buoy growth
Global financial ministers called Saturday for quick and effective action to safeguard faltering economic growth and rebuild shaken confidence as they ...
WHY IT MATTERS: Europe's Economic Crisis
The issue: Europe is struggling to control a debt crisis, save the euro currency and stop a repeat of the 2008 financial crisis that sent the world ...
Draghi: Europe needs single bank bailout fund
European Central Bank President Mario Draghi is urging eurozone leaders to move ahead quickly and put the ECB in charge of supervising banks — a key ...
Applications closed for top Bank of England post
The deadline for applications to be the next head of the Bank of England, the U.K.'s top monetary authority, closed Monday with one of the leading ...
Draghi nudges Spain to take up bond plan
European Central Bank President Mario Draghi nudged Spain and its European partners to take up bank's offer of help with the country's high debt ...
Wall Street futures higher as retailers report
Stock futures are rising after some major U.S. retail chains reported September sales that topped expectations and a day before a crucial monthly jobs ...