Highlights
A collection of news and information related to Mario Draghi published by this site and its partners.
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European Central Bank cuts key interest rate to fight recession
WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...
Tags: Employment Opportunities, Federal Reserve, European Central Bank, Career and Workplace, Money and Monetary Policy
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Could tiny Cyprus trigger collapse of the Eurozone?
It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...
Tags: European Central Bank, Politics, Foreign Exchange Market, Banking, Finance
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Investors say U.S. fiscal woes pose biggest risk to global economy
WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday. More than a third of...
Tags: George W. Bush, European Union, U.S. Congress, European Debt Crisis, Globalization
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Eurozone pulls back from the brink of catastrophe -- again
World NowGlobal Focus: Europe's economic roller coaster slowed to a safe stop Thursday, after the latest white-knuckled plunge toward disaster, when European Central Bank President Mario Draghi vowed to control soaring interest rates that threaten to bankrupt... -
European Central Bank to buy bonds of several troubled nations
World NowThe European Central Bank announced Thursday that it would buy the bonds of financially flailing countries such as Spain and Italy in unlimited quantities if necessary to keep their borrowing costs down, in an unprecedented move to keep a lid on the... -
Double dip: Eurozone falls back into recession
The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1% in the third quarter from the earlier quarter. In the second quarter, the currency collective tightened 0.2%,...
Tags: Gross Domestic Product, Summer Olympics, European Union, Germany, European Central Bank
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Deepening recession heats up talk of Greece exiting Eurozone
World NowGlobal Focus: As the Economist recalled this week, the Eurozone was supposed to be “a Hotel California that you can never leave.” Now, with much of the continent, including Greece, mired in recession, that hopeful vision of affluence does seem... -
European Central Bank chief swears to 'preserve the euro,' Dow soars
Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...
Tags: European Debt Crisis, Italy, Olympic Games, European Central Bank, Foreign Exchange Market
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Merkel, Hollande vow to 'do everything to protect' the euro
World NowHollande, Merkel vow to protect the euro: The leaders of Europe’s two biggest economies pledged Friday to “do everything to protect” the continent’s common currency, whose long-term survival has come under fresh doubt from... -
Confidence teetering in Eurozone, economists warn
World NowGlobal Focus: It's been more than two decades since the Iron Curtain fell and Europeans embarked on an ambitious mission to build a powerful economic, political and social union in place of the Cold War divide. And for more than two decades, Germans... -
Struggling euro nations jockey for central bank intervention
World NowDebates over austerity measures in Spain, Italy and Greece served as silent pressure on the European Central Bank (ECB) to do something at its Thursday board meeting to boost investors' confidence in the government bonds Italy and Spain need to float to... -
European Central Bank doesn't act, disappointing markets
World NowEuropean Central Bank chief Mario Draghi vowed Thursday that the euro common currency is "irreversible," but the bank's decision to not ease borrowing costs for heavily indebted Eurozone members such as Spain and Italy drove markets into renewed turmoil.....
May 2, 2013
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Mar 20, 2013
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Jan 23, 2013
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Sep 7, 2012
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Sep 6, 2012
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Nov 15, 2012
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Jul 26, 2012
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Jul 27, 2012
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Aug 1, 2012
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Aug 1, 2012
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Aug 2, 2012
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