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Key Words: Here’s what Mario Draghi says Europe must do now to prevent coronavirus recession ‘from morphing into a prolonged depression’

Banks need to lend to companies at zero cost to save jobs, and governments must be prepared to absorb the cost, says former European Central Bank President Mario Draghi......»»

Category: topSource: marketwatchMar 25th, 2020

Lagarde passes first ECB test, stays the course while pledging ‘strategic review’

After chairing the central bank’s governing council, she signalled continuity with the loose monetary policies designed by her predecessor Mario Draghi. But she also indicated that she would stick to her own style of communicating with market.....»»

Category: topSource: marketwatchDec 12th, 2019

Draghi defends legacy as ECB keeps money taps on

Outgoing European Central Bank chief Mario Draghi took his last policy meeting on Thursday. Critics says his eight-year tenure closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc. David Pollard reports......»»

Category: videoSource: reutersOct 24th, 2019

"Never give up!" Draghi tells Lagarde as he leaves ECB

European Central Bank President Mario Draghi told his successor on Thursday to "never give up" on propping up the euro zone economy in the face of a worsening outlook and little help from governments......»»

Category: topSource: reutersOct 24th, 2019

ECB"s Draghi welcomes German nominee Schnabel

European Central Bank President Mario Draghi on Thursday praised Germany's nominee for the executive board Isabel Schnabel as an excellent economist who would enhance discussions at the bank......»»

Category: topSource: reutersOct 24th, 2019

Draghi defends legacy as ECB keeps money taps on

European Central Bank President Mario Draghi defended his ultra-easy monetary policy stance on Thursday as his eight-year tenure at the bank closes in exactly the same place he started: trying to prop up a perpetually ailing currency bloc......»»

Category: topSource: reutersOct 24th, 2019

Stocks rise, euro bows for Draghi"s farewell

Europe's traders were sending European Central Bank chief Mario Draghi off in style on Thursday, raising the region's stocks to their highest in more than a year and nudging the euro toward its best month since January 2018......»»

Category: topSource: reutersOct 24th, 2019

ECB keeps money taps open as Draghi denied grand finale

The European Central Bank kept its ultra-easy monetary policy unchanged on Thursday, ending Mario Draghi's eight-year tenure at the bank in exactly the same place he started: trying to prop up a perpetually ailing currency bloc......»»

Category: topSource: reutersOct 24th, 2019

Europe Markets: AstraZeneca and Daimler lead European stocks higher on day of earnings onslaught

European stocks gained on Thursday, with investors bidding auto makers and pharmaceuticals higher in the face of data showing a stagnating economy as Mario Draghi leads his last interest-rate meeting at the European Central Bank......»»

Category: topSource: marketwatchOct 24th, 2019

Stocks rise, euro holds gains before Draghi"s farewell

Europe's traders were sending European Central Bank chief Mario Draghi off in style on Thursday, raising the region's stocks to their highest in more than a year and nudging the euro towards its best month since January 2018......»»

Category: topSource: reutersOct 24th, 2019

Europe Markets: AstraZeneca and Daimler lead European stocks higher

European stocks gained on Thursday, with investors bidding auto makers and pharmaceuticals higher in the face of data showing a stagnating economy as Mario Draghi leads his last interest-rate meeting at the European Central Bank......»»

Category: topSource: marketwatchOct 24th, 2019

Explainer: As Draghi era ends at ECB, cheap money concerns nag

Mario Draghi hands over power at the European Central Bank to Christine Lagarde amid fierce debate over the ultra-loose money policies he spearheaded to aid a eurozone recovery from the financial crisis......»»

Category: topSource: reutersOct 22nd, 2019

Dollar takes a dive, euro catapulted higher as U.S.-China talks start

A dive in the dollar catapulted the euro higher and flattened stocks on Thursday as the first U.S.-China trade talks since July and a report accusing the European Central Bank chief Mario Draghi of going rogue jostled for attention......»»

Category: topSource: reutersOct 10th, 2019

ECB "Whistleblowers" Emerge: Former Central Bankers Cry Out Against Draghi"s Monetary Insanity

ECB "Whistleblowers" Emerge: Former Central Bankers Cry Out Against Draghi's Monetary Insanity It's not just disgruntled CIA officials that have decided the best way to stage a coup is by way of "whistleblowing" - former central banker.....»»

Category: blogSource: zerohedgeOct 6th, 2019

As Draghi leaves ECB, his opponents get chance to turn the tables

Mario Draghi leaves the European Central Bank at the end of the month, and that may give opponents of his ultra-easy monetary policy a chance to shift the tone of the debate at the top of the institution......»»

Category: topSource: reutersOct 1st, 2019

Factbox: Potential candidates to replace hawk Lautenschlaeger on ECB board

The shock resignation of outspoken policy hawk Sabine Lautenschlaeger from the European Central Bank's Executive Board vacates a seat at the ECB's top table just as Mario Draghi prepares to hand over the presidency to Christine Lagarde......»»

Category: topSource: reutersSep 27th, 2019

ECB"s Draghi faced pushback from heavyweights on new bond buys: sources

European Central Bank President Mario Draghi faced pushback from the representatives of Germany and France as well as at least one of his own board members on Thursday when he pushed for resuming the ECB's bond-buying program, three sources told Reuters......»»

Category: topSource: reutersSep 12th, 2019

Draghi ties Lagarde"s hands with promise of indefinite stimulus

European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump......»»

Category: topSource: reutersSep 12th, 2019

Draghi to Trump: ECB policy makers "do not target the exchange rate, period"

European Central Bank President Mario Draghi on Thursday res.....»»

Category: topSource: marketwatchSep 12th, 2019

ECB Draghi: Euro area economy in period of "protracted weakness"

European Central Bank President Mario Draghi said on Thursday that the euro zone economy was in a period of "protracted" economic weakness, with inflation staying low and the balance of risks tilted toward the downside......»»

Category: topSource: reutersSep 12th, 2019