Mario Draghi
Europe
World Leaders React to “Unprovoked, Evil” Russian Attack on Ukraine
Global leaders, including US President Joe Biden, have promised that "the world will hold Russia accountable" for its "unprovoked and unjustified attack" on Ukraine, after Russian President Vladimir Putin's Thursday morning press conference.
"President Putin has chosen a path of...
Environment
Greta Thunberg’s “Blah, Blah, Blah” Speech On Climate Crisis Hits a Nerve
Greta Thunberg's famous blah, blah, blah speech on the governments' inaction on the climate crisis brought a response on Thursday by Italy's PM Mario Draghi.
Draghi met with climate activists Greta Thunberg, Vanessa Nakate and Martina Comparelli in Milan, during...
Diplomacy
Climate Crisis Tops Agenda of Mediterranean Leaders Meeting in Athens
The climate crisis will top of the agenda of the summit of Mediterranean and Southern European Union member states (EUMed 9), which is being held in Athens on Friday.
The EU Med or EuroMed 7, initially an alliance of Greece,...
Diplomacy
G-7 Nations Plan to Donate 1 Billion Vaccine Doses to the World
The G-7 Nations plan to donate 1 billion COVID-19 vaccines to the rest of the world, British Prime Minister Boris Johnson announced on Thursday leading up to the Summit. This comes after United States President Joe Biden said he...
Europe
European Parliament Approves Christine Lagarde as Next ECB President
Christine Lagarde was voted by a majority of members of the European Parliament to become the next president of the European Central Bank (ECB) on Tuesday.
Lagarde, who currently serves as chief of the International Monetary Fund, will replace Mario...
Economy
ECB Insists on Property Auctions Across Greece
An "effective auction system is an important part of the work" in cutting bad loans in Greece, the head of the European Central Bank has insisted.
Mario Draghi, replying to a letter from Greek MEP Nikolaos Chountis, said the controversial...
Economy
Greek Bank Stress Tests by ECB may Come Earlier Next Year
The European Central Bank may bring forward its stress test of Greek banks next year, finalising data well before Greece is due to exit its three-year, 86 billion euro international bailout.
The test could be finalised in early May to...
Economy
ECB Chief: Up to Greece to Decide Whether to Tap Bond Market
European Central Bank President Mario Draghi said on Thursday that it is up to Greece to decide whether to tap the bond market again, but it should be better to do so as part of an overall bailout strategy,...
Economy
ECB Head Mario Draghi Puts QE on Hold
"Until sufficient details are given on debt-related measures, serious concerns remain about the sustainability of Greek government debt," noted ECB head Mario Draghi.
In a letter responding to a question by Mr. Nikolaos Choudis on whether a debt sustainability...
Economy
Greek PM Tsipras Rounding Up Support for Greek Debt Relief
With the next eurozone meeting just around the corner Prime Minister Alexis Tsipras has put his charm on this week, speaking on the telephone with French President Emmanuel Macron, German Chancellor Angela Merkel as well as European Council's President...