http://www.mail.com/people/861646-mario-draghi.html Mail.com - the best personalized free web-based Email en en http://sec-s.uicdn.com/mail.com/2.28/img/mailcom_logo_rss.png http://www.mail.com/people/861646-mario-draghi.html http://www.mail.com/business/finance/2093264-glance-europes-key-institutions.html Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who should be involved. Here is a look at the key institutions involved in Europe's economic policymaking: —EUROPEAN UNION An economic and political partnership among 27 European countries. It has a combined populat... Fri, 17 May 2013 18:18:11 GMT http://www.mail.com/business/finance/2093264-glance-europes-key-institutions.html 2013-05-17T18:18:11Z http://www.mail.com/business/economy/2086774-eurozone-recession-longest-currency-bloc.html PARIS (AP) — The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis of 2008-2009. The European Union statistics office said Wednesday that nine of the 17 EU countries that use the euro are in recession, with France a notable addition to the list. Overall, the eu... Wed, 15 May 2013 19:37:01 GMT http://www.mail.com/business/economy/2086774-eurozone-recession-longest-currency-bloc.html 2013-05-15T19:37:01Z http://www.mail.com/business/economy/2078772-g7-japan-playing-currency-rules.html AYLESBURY, England (AP) — Finance leaders from the Group of Seven leading industrial economies say Japan's stimulus policies are directed at boosting its economy out of a two-decade period of stagnation, not an attempt to drive down its currency to make Japan's exports more competitive. At the conclusion of a two-day meeting of leading financial represent... Sat, 11 May 2013 19:45:07 GMT http://www.mail.com/business/economy/2078772-g7-japan-playing-currency-rules.html 2013-05-11T19:45:07Z http://www.mail.com/business/economy/2065700-spain-italy-team-up-to-demand-crisis-relief.html MADRID (AP) — The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move they hope will reduce high youth unemployment and speed up a banking reform effort aimed at stabilizing Europe's financial system. After meeting with Spanish Prime Minister Mariano Rajoy, Ital... Mon, 06 May 2013 19:30:25 GMT http://www.mail.com/business/economy/2065700-spain-italy-team-up-to-demand-crisis-relief.html 2013-05-06T19:30:25Z http://www.mail.com/business/economy/2060700-solid-job-gains-april-ease-fears-economy.html WASHINGTON (AP) — The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April — and far more in February and March than anyone thought. The hiring in April drove down the unemployment rate to a four-year low of 7.5 percent and se... Fri, 03 May 2013 23:32:33 GMT http://www.mail.com/business/economy/2060700-solid-job-gains-april-ease-fears-economy.html 2013-05-03T23:32:33Z http://www.mail.com/business/economy/2060492-eu-predicts-eurozone-recession-to-continue-2013.html BRUSSELS (AP) — Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record levels, the European Union warned Friday. In its spring economic forecast, the EU said that gross domestic product in the 17 member countries that use the euro will shrink by 0.4 percent this ... Fri, 03 May 2013 14:32:52 GMT http://www.mail.com/business/economy/2060492-eu-predicts-eurozone-recession-to-continue-2013.html 2013-05-03T14:32:52Z http://www.mail.com/business/finance/2058174-ecb-cuts-benchmark-interest-rate-to-05-percent.html FRANKFURT, Germany (AP) — The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift the euro area out of a stubborn recession. ECB President Mario Draghi said the bank was prepared to flex its muscles further in the face of high and rising unemployment and growing e... Thu, 02 May 2013 18:54:46 GMT http://www.mail.com/business/finance/2058174-ecb-cuts-benchmark-interest-rate-to-05-percent.html 2013-05-02T18:54:46Z http://www.mail.com/business/finance/2058532-reactions-to-european-central-bank-rate-cut.html The European Central Bank, which sets monetary policy for the 17 European Union countries that use the euro, cut its main interest rate by a quarter of a percentage point to a new record low of 0.5 percent. The ECB's president, Mario Draghi, also hinted that the bank could do more in coming months to get the eurozone economy growing again. That could incl... Thu, 02 May 2013 15:12:35 GMT http://www.mail.com/business/finance/2058532-reactions-to-european-central-bank-rate-cut.html 2013-05-02T15:12:35Z http://www.mail.com/business/finance/2055544-ecb-weighs-rate-cut-eurozone-economy-struggles.html FRANKFURT, Germany (AP) — Economists say the European Central Bank could cut interest rates as soon as Thursday because of fears that the euro area's economy isn't recovering — even though top bank officials themselves caution that a cut won't do much good. Market expectations have risen in recent days of a reduction in the ECB's benchmark rate from its c... Wed, 01 May 2013 17:20:24 GMT http://www.mail.com/business/finance/2055544-ecb-weighs-rate-cut-eurozone-economy-struggles.html 2013-05-01T17:20:24Z http://www.mail.com/business/finance/2043504-top-ecb-official-cautions-rate-cuts-costs.html FRANKFURT, Germany (AP) — A top European Central Bank official warned Thursday that another interest rate cut might not be much help for eurozone countries in recession — because already low rates are not getting through to businesses and consumers. Joerg Asmussen, the bank's top official for international relations, said that the "pass-through of rate cu... Thu, 25 Apr 2013 13:21:31 GMT http://www.mail.com/business/finance/2043504-top-ecb-official-cautions-rate-cuts-costs.html 2013-04-25T13:21:31Z http://www.mail.com/business/finance/2041286-predictions-ecb-rate-cut-grow-growth-fades.html FRANKFURT, Germany (AP) — Evidence that Europe's economic downturn is weighing more heavily on its strongest member, Germany, has convinced more and more experts that the European Central Bank will cut interest rates soon. The latest downbeat sign came Wednesday from the closely watched Ifo index of German business confidence. It fell to 104.4 points in A... Wed, 24 Apr 2013 13:36:28 GMT http://www.mail.com/business/finance/2041286-predictions-ecb-rate-cut-grow-growth-fades.html 2013-04-24T13:36:28Z http://www.mail.com/business/economy/2023662-official-cyprus-lawmakers-to-vote-bailout-deal.html NICOSIA, Cyprus (AP) — Cyprus' parliament must vote on the 23 billion euro ($30 billion) bailout deal the country has agreed upon with international creditors, the Cypriot attorney general said Tuesday. Petros Clerides confirmed to The Associated Press that the deal Cyprus has reached with the International Monetary Fund and its partners in the 17-nation ... Tue, 16 Apr 2013 21:14:38 GMT http://www.mail.com/business/economy/2023662-official-cyprus-lawmakers-to-vote-bailout-deal.html 2013-04-16T21:14:38Z http://www.mail.com/business/economy/2022958-ecbs-draghi-urges-speedy-banking-union.html BRUSSELS (AP) — European Central Bank President Mario Draghi urged the 17 countries that use the euro to move swiftly toward completing a full banking union to stabilize the bloc's financial sector. It is vital to first cement the legal groundwork for a centralized banking regulator before the summer, Draghi told the European Parliament in Strasbourg on T... Tue, 16 Apr 2013 15:52:05 GMT http://www.mail.com/business/economy/2022958-ecbs-draghi-urges-speedy-banking-union.html 2013-04-16T15:52:05Z http://www.mail.com/business/economy/2004796-us-treasury-chief-urges-eu-to-ease-austerity.html BRUSSELS (AP) — European countries should ease off their austerity and adopt more growth-friendly policies, U.S. Treasury Secretary Jacob Lew said Monday as he kicked off a series of meetings with the region's top leaders. America's biggest trading partner and the world's largest economic bloc has entered the fourth year of a debt crisis, which has plunge... Mon, 08 Apr 2013 18:15:41 GMT http://www.mail.com/business/economy/2004796-us-treasury-chief-urges-eu-to-ease-austerity.html 2013-04-08T18:15:41Z http://www.mail.com/business/finance/2003304-financial-hub-luxembourg-under-increased-scrutiny.html BRUSSELS (AP) — As the European Union's wealthiest country, Luxembourg could have been forgiven for thinking that it would never find itself on the bloc's financial risk list. With just half a million people living on a tiny patch of lush land nestled between Belgium, France and Germany, Luxembourg is as tranquil as a buzzing financial center gets. Still,... Sun, 07 Apr 2013 09:46:07 GMT http://www.mail.com/business/finance/2003304-financial-hub-luxembourg-under-increased-scrutiny.html 2013-04-07T09:46:07Z http://www.mail.com/business/economy/1997840-draghi-ecb-tools-growth.html FRANKFURT, Germany (AP) — With the economy shrinking and unemployment rising, the head of the European Central Bank said it was looking at new measures to stimulate growth if the hoped-for recovery doesn't start soon. Mario Draghi said Thursday the bank was considering a range of actions to boost lending to companies and reinvigorate the ailing euro regio... Thu, 04 Apr 2013 19:35:13 GMT http://www.mail.com/business/economy/1997840-draghi-ecb-tools-growth.html 2013-04-04T19:35:13Z http://www.mail.com/business/finance/1997258-us-halfway-to-obama-5-year-export-doubling-goal.html WASHINGTON (AP) — Suddenly, outsourcing is on the way out and insourcing on the way in as the U.S. trudges unevenly toward President Barack Obama's goal of doubling American exports around the world by the start of 2015. So far, export levels are about halfway to his mark. Obama set the five-year target in his January 2010 State of the Union address and r... Thu, 04 Apr 2013 17:59:18 GMT http://www.mail.com/business/finance/1997258-us-halfway-to-obama-5-year-export-doubling-goal.html 2013-04-04T17:59:18Z http://www.mail.com/business/economy/1997172-japan-central-bank-revamps-policy-to-boost-economy.html TOKYO (AP) — Japan is taking aggressive action to lift consumer prices, encourage borrowing and help pull the world's third-largest economy out of a long slump. Like the U.S. Federal Reserve, Japan's central bank plans to flood its financial system with more money — its most far-reaching step to date to get consumers and companies to borrow and spend. The... Thu, 04 Apr 2013 17:38:07 GMT http://www.mail.com/business/economy/1997172-japan-central-bank-revamps-policy-to-boost-economy.html 2013-04-04T17:38:07Z http://www.mail.com/business/economy/1997766-ecb-leaves-key-rate-075-percent.html FRANKFURT, Germany (AP) — 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 area's slack economy — despite signs that a hoped-for recovery may be delayed. Markets are now waiting to hear ECB President Mario Draghi's views at his regular monthly news conference, ... Thu, 04 Apr 2013 12:25:18 GMT http://www.mail.com/business/economy/1997766-ecb-leaves-key-rate-075-percent.html 2013-04-04T12:25:18Z http://www.mail.com/business/finance/1995264-ecb-to-face-cyprus-questions-rate-meeting.html FRANKFURT, Germany (AP) — European Central Bank President Mario Draghi will try Thursday to reassure markets that Cyprus's chaotic bail-out won't worsen the euro currency union's debt crisis — in spite of the heavy losses for the country's savers and strict limits on taking out money from banks or the country. Last month, Draghi memorably dismissed fears ... Wed, 03 Apr 2013 14:16:55 GMT http://www.mail.com/business/finance/1995264-ecb-to-face-cyprus-questions-rate-meeting.html 2013-04-03T14:16:55Z http://www.mail.com/business/finance/1965374-wall-street-holds-cyprus-no-vote.html NEW YORK (AP) — The latest twists in Europe's debt drama weighed down the stock market Tuesday, offsetting more good news on the U.S. housing market. The Dow Jones industrial average managed a gain of just four points, while other indexes closed slightly lower. Investors were focused on Cyprus, where the Mediterranean country's lawmakers vote against a pr... Tue, 19 Mar 2013 22:18:12 GMT http://www.mail.com/business/finance/1965374-wall-street-holds-cyprus-no-vote.html 2013-03-19T22:18:12Z http://www.mail.com/business/finance/1962056-savings-account-seizure-plan-draws-fury-cyprus.html NICOSIA, Cyprus (AP) — 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 government shut down banks until later this week while lawmakers wrangled over how to keep the island nation from bankruptcy. Though the euro and stock prices of European banks fell, glob... Tue, 19 Mar 2013 03:58:16 GMT http://www.mail.com/business/finance/1962056-savings-account-seizure-plan-draws-fury-cyprus.html 2013-03-19T03:58:16Z http://www.mail.com/business/finance/1956512-europe-eases-austerity-whip-.html FRANKFURT, Germany (AP) — Three and a half years into its government-debt crisis, there are signs that Europe is adopting a gentler approach toward austerity. Political leaders aren't backing away aggressively from budget cuts and higher taxes, but they are increasingly trying to temper these policies, which have stifled growth and made it harder for many... Fri, 15 Mar 2013 13:13:54 GMT http://www.mail.com/business/finance/1956512-europe-eases-austerity-whip-.html 2013-03-15T13:13:54Z http://www.mail.com/business/economy/1937886-draghi-to-promote-jobs-growth.html FRANKFURT, Germany (AP) — European Central Bank President Mario Draghi is urging indebted governments to move beyond spending cuts and tax hikes and introduce reforms that would boost growth and reduce the "tragedy" of unemployment. Speaking after the bank's monthly policy-setting meeting, Draghi praised the progress made by the 17 European Union countrie... Thu, 07 Mar 2013 18:53:57 GMT http://www.mail.com/business/economy/1937886-draghi-to-promote-jobs-growth.html 2013-03-07T18:53:57Z http://www.mail.com/business/economy/1919364-draghi-reforms-continue-despite-social-cost.html FRANKFURT, Germany (AP) — 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. Draghi's remarks Wednesday come two days after an election in his native... Wed, 27 Feb 2013 20:00:29 GMT http://www.mail.com/business/economy/1919364-draghi-reforms-continue-despite-social-cost.html 2013-02-27T20:00:29Z http://www.mail.com/business/economy/1907796-eu-eurozone-economy-to-shrink-2013.html BRUSSELS (AP) — 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 its fortunes improve in the second half of the year. In its winter forecast, the EU Commission, the EU's executive arm, said the eurozone is likely to shrink a further 0.3 percent this year, in... Fri, 22 Feb 2013 12:45:38 GMT http://www.mail.com/business/economy/1907796-eu-eurozone-economy-to-shrink-2013.html 2013-02-22T12:45:38Z http://www.mail.com/business/finance/1899324-ecbs-draghi-pushes-european-bank-bailout-fund.html BRUSSELS (AP) — 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 troubled banks, claiming it is a necessary step to stabilize the financial system. The fund should be financed by levies on financial institutions to ensure it will not have to tap taxpayers... Mon, 18 Feb 2013 17:36:44 GMT http://www.mail.com/business/finance/1899324-ecbs-draghi-pushes-european-bank-bailout-fund.html 2013-02-18T17:36:44Z http://www.mail.com/business/finance/1899262-ecb-cyprus-aid-with-anti-money-laundering-control.html BRUSSELS (AP) — The European Central Bank chief says a financial rescue package for Cyprus must be accompanied by close and continuous monitoring of its progress in implementing anti-money-laundering policies. Mario Draghi on Monday told European lawmakers that it is not sufficient to put all relevant laws on the books, adding the crucial part is implemen... Mon, 18 Feb 2013 15:51:14 GMT http://www.mail.com/business/finance/1899262-ecb-cyprus-aid-with-anti-money-laundering-control.html 2013-02-18T15:51:14Z http://www.mail.com/business/economy/1898660-oil-hovers-beneath-96-us-europe-growth-fears.html 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 Europe remained mired in recession. By early afternoon in Europe, benchmark crude for March delivery was down 17 cents to $95.69 a barrel in electronic trading on the New York Mercantile Exchange. The contra... Mon, 18 Feb 2013 13:31:49 GMT http://www.mail.com/business/economy/1898660-oil-hovers-beneath-96-us-europe-growth-fears.html 2013-02-18T13:31:49Z