Tag: Mario Draghi

• Thursday, January 6th 2022 - 08:34 UTC

  COVID-19 vaccination mandatory for people over 50 in Italy

  

  The Government of Italy Wednesday issued a decree making COVID-19 vaccination mandatory for all those over the age of 50, it was announced. Out of Italy’s 59 million people, 28 million fall over the age of 50.

• Sunday, October 31st 2021 - 08:16 UTC

  G20 agrees on global taxation reforms - COVID vaccines also discussed

  

  World leaders at the G20 Summit in Rome Saturday agreed on the global minimum tax (15%), which 136 countries had previously endorsed, it was announced.

• Wednesday, May 26th 2021 - 08:00 UTC

  Italian PM hopeful green pass will enable economic, social activities to restart next month

  

  Italian Prime Minister Mario Draghi said Tuesday before the European Commission in Brussels that he was confident the vaccination “green pass” was to be ready for mid-June so that economic and social activities can restart, including the return of tourists at the beginning of the season.

• Friday, February 19th 2021 - 07:30 UTC

  Super Mario to the rescue of Italy with full support from all the political arch

  

  Italian Prime Minister Mario Draghi on Thursday secured final parliamentary approval for his government of national unity. The lower house, Chamber of Deputies, backed the former European Central Bank (ECB) chief and his mixed Cabinet team of technocrats and politicians with 535 votes in favor, 56 against and five abstentions.

• Wednesday, February 3rd 2021 - 08:00 UTC

  Dragui, ex ECB chief invited to form a new government in Italy

  

  Italian President Sergio Mattarella has invited former European Central Bank (ECB) chief Mario Draghi to talk about forming a new government. Dragui passed the ECB baton to Christine Lagarde in 2019 after an eight-year stint. Draghi is set to meet President Matarella later on Wednesday.

• Tuesday, October 29th 2019 - 08:04 UTC

  Germany and France laud outgoing ECB president Dragui for defending “the European dream”

  

  French President Emmanuel Macron and German Chancellor Angela Merkel on Monday lauded Mario Draghi for defending “the European dream” in the face of opposition as he handed over a divided ECB to Christine Lagarde.

• Friday, October 25th 2019 - 09:40 UTC

  Draghi steps down, but the debate on soft money and how to prop the Euro-zone economy remains unchanged

  

  Departing European Central Bank president Mario Draghi said on Thursday the proudest legacy from his eight-year term was the ability to “never give up” in the face of economic crises, internal dissent, and external criticism.

• Wednesday, July 3rd 2019 - 09:38 UTC

  Lagarde's departure thrusts the IMF into an unanticipated search for a new leader

  

  The nomination of Christine Lagarde as European Central Bank president on Tuesday has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.

• Friday, March 8th 2019 - 09:15 UTC

  Euro zone interest rates frozen for twelve months given overall slowdown

  

  Interest rates in the Euro zone will not rise until next year at the earliest, the European Central Bank has signaled amid evidence of a slowdown in the 19 countries using the single currency. The ECB also unveiled a round of fresh stimulus, offering banks cheap loans to try to help revive the economy.

• Friday, September 14th 2018 - 08:37 UTC

  BoE and European central bank keep rates unchanged; Turkey hikes 625 points to 24%

  

  Stocks in Europe reversed earlier gains by Thursday's close to finish lower, as investors digested fresh news out of the central banking sphere. The pan-European STOXX 600 closed down 0.15%, with the majority of sectors falling into negative territory. The U.K.'s FTSE 100 slipped 0.43% by the close, while France's CAC 40 ended a touch lower, off 0.08%, and Germany's DAX rose 0.19%.