Tag: Mario Draghi

• Thursday, September 20th 2012 - 23:34 UTC

  Merkel honours her mentor and Euro architect, Kohl to help discipline the party

  

  Angela Merkel is seeking help from her estranged, former mentor Helmut Kohl, architect of the Euro, to restore voter faith in the European project before next year's election.

• Saturday, September 8th 2012 - 06:31 UTC

  Merkel supports ECB debt-plan despite strong protests and threats in Germany

  

  Chancellor Angela Merkel defended the European Central Bank on Friday after its plan to buy the debt of troubled Euro zone states stirred outrage in Germany and threats from some in her own party to try and block the scheme.

• Friday, September 7th 2012 - 05:41 UTC

  ECB bond-buying scheme announcement boosts world markets

  

  Asian shares looked set for their biggest daily gain in nearly five weeks on Friday after the European Central Bank outlined its bond-buying scheme to help calm the Euro zone's debt crisis, while firm US data fed speculation of a strong jobs report later in the day.

• Monday, September 3rd 2012 - 06:20 UTC

  Spanish PM Rajoy challenges the European central bank and Germany

  

  Spain will consider seeking extra aid from Europe on top of a 100 billion Euro rescue of its financial sector but does not see any need for new conditions, Prime Minister Mariano Rajoy said in an interview published in European newspapers.

• Friday, August 3rd 2012 - 08:01 UTC

  ECB disappoints but keeps markets’ expectations of bold actions alive

  

  Asian shares and the Euro eased on Friday as the European Central Bank, as happened with the Federal Reserve on Wednesday, disappointed markets looking for an imminent move to deal with the Euro zone debt crisis.

• Thursday, July 26th 2012 - 19:51 UTC

  ECB to the rescue of Spain and Italy and avoid collapse of Euro zone

  

  European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the Euro zone from collapse, including acting to lower unreasonably high government borrowing costs.

• Monday, July 23rd 2012 - 09:20 UTC

  ECB chief says “Euro is irreversible”; praises will to create supranational bodies

  

  European Central Bank President Mario Draghi said that the Euro was not in danger despite some analysts' worse case scenarios for a break-up and said that greater financial, budgetary and political union among Euro zone countries was inevitable.

• Monday, June 25th 2012 - 20:09 UTC

  EU summit to address banking union, fiscal integration and sovereignty issue

  

  European leaders will discuss specific steps towards a cross-border banking union, closer fiscal integration and the possibility of a debt redemption fund at a summit on June 28-29, according to a document prepared for the meeting.

• Friday, June 15th 2012 - 19:23 UTC

  Euro central banks prepared for any ‘Greek surprise’, anticipates Draghi

  

  The Euro zone economy faces serious risks and no inflation threat, European Central Bank President Mario Draghi said on Friday in comments that heightened expectations the ECB could cut interest rates or take other policy action soon.

• Wednesday, June 6th 2012 - 21:20 UTC

  ECB warns EU leaders that monetary policy won’t fill other institutions “lack of action”

  

  European Central Bank (ECB) president Mario Draghi said on Tuesday that risks to the Euro zone economy have increased and warned of “heightened uncertainty weighing on confidence and sentiment”.