Mario Draghi

Latest Mario Draghi Items
  • Economy Briefs: Stock indexes drift lower, ending a two-day rally

    A two-day rally that sent stocks soaring last week fizzled out Monday.

  • **FILE** A sign marks Wall Street in New York. (Associated Press)

    Stocks drift lower on Wall Street; Shaw soars

    A two-day rally that sent stocks soaring last week fizzled out Monday.

  • **FILE** German Chancellor Angela Merkel (left) and Italian Premier Mario Monti speak July 4, 2012, at a press conference during a bilateral meeting at Villa Madama in Rome. (Associated Press)

    Eurogroup chair sees decisions soon in debt crisis

    The German and Italian leaders issued a new pledge to protect the eurozone, while the influential eurogroup chairman was quoted Sunday as saying that officials have no time to lose and will decide in the coming days what measures to take.

  • Traders gather July 26, 2012, at a post on the floor of the New York Stock Exchange during the IPO of Northern Tier Energy. U.S. stocks soared at the opening bell after the president of the European Central Bank vowed to do what it takes to preserve the continent's monetary union. (Associated Press)

    Stocks soar after ECB vows to protect the euro

    It was the buy signal that markets were waiting for. When European Central Bank president Mario Draghi vowed to "do whatever it takes" to keep the continent's monetary union intact, stocks were off to races in the U.S. and Europe.

  • A euro sculpture stands in front of the European Central Bank (right) in Frankfurt, Germany. (Associated Press)

    European Central Bank cuts key interest rate to new low

    The European Central Bank cut its key interest rate by a quarter percentage point Thursday to a record low 0.75 percent to try to help ease Europe's financial crisis and boost its sagging economy.

  • Illustration IOU EU by Alexander Hunter for The Washington Times

    SZAPARY: Europe's master plan

    The world was able to breathe a sigh of relief after last week's elections in Greece, as it looks as if Athens will try to keep the country's membership in the eurozone. But it won't be easy. Once the internal politics are settled and the new government is formed, leaders of the coalition government will inherit an economy in severe recession and the largest debt burden of any country in Europe.

  • European Central Bank President Mario Draghi, in his capacity as head of the European Systemic Risk Board, reports to the European Parliament's Economic Committee in Brussels on Thursday, May 31, 2012. (AP Photo/Yves Logghe)

    Euro setup is unsustainable, ECB chief warns

    The setup of the 17-country euro currency union is unsustainable, the head of the European Central Bank has told European Union leaders, warning that they quickly must come up with a broad vision for the future to get the bloc through the current financial crisis.

  • Economy Briefs: Official says bank prefers Greece stay in eurozone

    The European Central Bank would like Greece to stay in the eurozone, its president, Mario Draghi, said Wednesday, amid continued political uncertainty that threatens to force it out of the bloc.

  • European bank gives struggling governments a boost

    The European Central Bank increased the bond purchases that have helped ease pressure on indebted governments from the eurozone debt crisis last week.

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