Mario Draghi
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...
Economy
Draghi: ECB Waiting for Measures That will Make Greek Debt Sustainable Long-Term
The European Central Bank (ECB) is waiting for the measures that will make Greek debt sustainable in the long-term in order to decide on Greece's participation in the quantitative easing program, central banker Mario Draghi said on Monday, testifying...
Greece
European Official Expresses Sadness Over Terrorist Attack Against Former PM Papademos
European Central Bank Governor Mario Draghi expressed his sadness and sympathy on behalf of himself and all of the staff at the bank for former prime minister Lucas Papademos, following the terrorist attack against him on Thursday, according to...
Economy
Berlin Takes Initiative to Facilitate Greece's Participation in QE Program
German Chancellor Angela Merkel has taken the initiative to help Greece enter the European Central Banks' quantitative easing (QE) program, provided that Athens agrees to implement fiscal measures amounting to 2% of GDP, a Kathimerini report says.
According to the...