Mario Draghi

PM Modi congratulates far-right leader Giorgia Meloni for victory in Italian polls: 'We look forward to...'

Giorgia Meloni, who led a coalition of right-wing parties to victory in Italian polls, heads Brothers of Italy, a party with neo-fascist roots.

Sep 28, 2022, 09:35 AM IST

Italy's PM Mario Draghi quits after coalition implodes, early polls likely

President Mattarella, who rejected a similar resignation offer from the premier last week, took note of the new one and asked Draghi's government to remain on in a caretaker fashion, the president's office said.

Jul 21, 2022, 17:38 PM IST

PM Modi meets Italian counterpart, holds talks on diversifying India-Italy ties

PM Modi and Mario Draghi held their first in-person meeting at Palazzo Chigi, the official residence of the Italian Prime Minister.

Oct 29, 2021, 23:54 PM IST

Italian PM Draghi holds discussion with PM Narendra Modi, suggests G20 special meet on Afghanistan

Italy PM discussed a need for special leaders level meeting on Afghanistan by G20 grouping with his Indian counterpart Narendra Modi. 

Aug 28, 2021, 19:21 PM IST

Italy’s PM Mario Draghi gets first shot of AstraZeneca COVID-19 vaccine

According to Italian media, Draghi’s aim with choosing the AstraZeneca jab was to build public confidence in the vaccine after reports about its side effects.

Mar 31, 2021, 09:18 AM IST

Global Economy - Communication breakdown?

Since the Fed began raising rates in 2015, the difference between long- and short-term US yields has shrunk to levels not seen since before the 2008 financial crisis, reaching 67 basis points -- its flattest in a decade -- in the past week.

Nov 10, 2017, 17:25 PM IST

Euro hits 2.5-year dollar high

The euro Friday reached the highest level against the dollar since the start of 2015 as traders bet on the European Central Bank winding in its huge stimulus programme.

Sep 08, 2017, 16:09 PM IST

ECB`s bond-buying programme: Five things to know

European Central Bank governors meet in Frankfurt on Thursday as expectations grow that they will soon announce an end to their "quantitative easing" bond-buying programme.

Sep 05, 2017, 12:07 PM IST

Eurozone unemployment falls to more than 7-year low

The eurozone jobless rate in February fell to its lowest level since May 2009 as a resurgent hiring spree took hold despite uncertainty over Brexit, EU data showed Monday.

Apr 03, 2017, 15:46 PM IST

ECB stands firm on stimulus, but says urgency eases

The European Central Bank pledged on Thursday to keep its aggressive stimulus policy at least until the end of the year, but markets leapt higher as it signalled there was less of a need to prop up growth and inflation in the euro zone.

Mar 09, 2017, 21:31 PM IST

Relaxing bank regulation is the last thing we need: ECB's Draghi

Financial regulation since the global financial crisis underpins stability and the idea of relaxing bank rules is `very worrisome`, European Central Bank President Mario Draghi said on Monday.

Feb 06, 2017, 20:38 PM IST

ECB holds key interest rates at record lows as calls grow for stimulus exit

The European Central Bank left key interest rates and its mass bond-buying programme unchanged Thursday, at its first meeting of a year when the Frankfurt institution could become a political punching bag.

Jan 19, 2017, 21:45 PM IST

Mario Draghi says ECB 'didn`t discuss' winding down massive bond purchases

European Central Bank chief Mario Draghi said Thursday the governing council "didn`t discuss" winding down its massive bond purchases, after a report that an end may be in sight spooked investors earlier this month.

Oct 20, 2016, 22:24 PM IST

ECB stresses 'readiness to act' in face of Brexit headwinds

European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain`s vote to quit the EU, according to minutes of their July meeting released on Thursday.

Aug 18, 2016, 21:50 PM IST

ECB pours cash into company bonds to boost eurozone

Having already slashed interest rates to below zero and pumped massive amounts of cash into financial markets, it started to directly finance businesses by buying their debt in the bond market.

Jun 08, 2016, 16:54 PM IST

Ready to act using all instruments available: ECB President Mario Draghi

 In the latest, ECB has left the interest rates at record low. ECB President Mario Draghi expected inflation to pick up in second half of 2016. 

 

Jun 02, 2016, 18:17 PM IST

Mario Draghi, Germany draw daggers over ECB`s mega-stimulus

A simmering war between ECB chief Mario Draghi and Germany erupted into the open on Friday after the bank unleashed an unprecedented stock of ammunition to light a fire under chronically weak inflation. 

Mar 11, 2016, 23:53 PM IST

ECB cuts key rates, beefs up asset purchase programme

The European Central Bank on Thursday cut key interest rates and said it would spend tens of billions more to kickstart the chronically weak eurozone economy, sparking a sharp rally in stock markets.

Mar 10, 2016, 18:48 PM IST

ECB holds key rates unchanged amid market volatility

The European Central Bank held its monetary policy steady at its first meeting of 2016 Thursday, but is expected to keep the door open for more stimulus later, in the face of recent financial market turmoil, analysts said.

Jan 21, 2016, 19:50 PM IST

ECB 'still has ammunition' to boost eurozone: Member

Financial markets may have been disappointed by the European Central Bank`s latest round of policy moves, but it still has other measures up its sleeve to boost recovery in the euro area, executive board member Yves Mersch said. 

Dec 10, 2015, 23:11 PM IST