Mario Draghi

ECB rolls out more anti-deflation artillery

The European Central Bank stepped up efforts Thursday to kickstart chronically low inflation in the euro area, cutting a key interest rate and extending its controversial asset purchase programme, but financial markets reacted with disappointment. 

Dec 03, 2015, 22:31 PM IST

ECB cuts deposit rate to (-)0.3%, primes anti-deflation guns

The European Central Bank cut one of its interest rates and promised to unveil more policy measures on Thursday to fight stubbornly low inflation, testing the limits of monetary policy and hoping to bolster its credibility.

Dec 03, 2015, 19:00 PM IST

Eurozone inflation unchanged at a low 0.1% in November

Central bankers of the 19-member eurozone are keen to fight falling prices.

Dec 02, 2015, 16:08 PM IST

ECB will 'do what we must' to lift inflation: Draghi

 ECB chief Mario Draghi said Friday the bank will "do what we must" to lift inflation as quickly as possible, in a new sign it could boost its anti-deflation defences.

Nov 20, 2015, 15:46 PM IST

ECB's Draghi says too early to decide on further stimulus

Risks to Europe`s inflation and growth outlook have increased due to the emerging market slowdown but the European Central Bank needs more time before deciding on further stimulus, ECB President Mario Draghi said on Wednesday.

Sep 23, 2015, 22:38 PM IST

ECB flags beefed up QE as growth, inflation outlook fades

The European Central Bank cut its growth and inflation forecasts on Thursday, warning of possible further trouble from China and paving the way for an expansion of its already massive 1 trillion-euro plus asset-buying programme.

Sep 03, 2015, 21:29 PM IST

ECB could ramp up bond purchase programme if necessary: Draghi

The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.

Sep 03, 2015, 21:09 PM IST

ECB cuts growth, inflation forecasts for 2015-2017

The European Central Bank on Thursday cut its forecasts for both economic growth and inflation in the single currency area over the next few years.

Sep 03, 2015, 21:06 PM IST

ECB seen cutting inflation outlook, hinting at more policy action

The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.

Sep 03, 2015, 17:38 PM IST

ECB holds rate steady as focus on inflation, China

The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.

Sep 03, 2015, 17:35 PM IST

ECB, Eurogroup give Greece breathing space after Athens vote

Eurozone ministers approved the launch of Greece bailout talks and the ECB boosted its cash lifeline to the crisis-hit country Thursday after lawmakers in Athens grudgingly passed a tough reform package demanded by creditors.

Jul 16, 2015, 23:31 PM IST

Draghi said to doubt Greek solution as Tsipras reforms awaited

The ECB is keeping shuttered Greek banks afloat with emergency liquidity capped until the weekend as leaders of the 19-nation euro zone race to find a last-minute third bailout for Athens. 

Jul 09, 2015, 15:02 PM IST

ECB's Draghi defends Greek pension, tax reforms

"The measures on the pension system have been designed to be progressive and they have been mostly applied mainly to pensions above 1,000 euros," Mario Draghi wrote in the letter dated June 30 to Notis Marias.

Jul 01, 2015, 19:07 PM IST

ECB`s Draghi says major Greek banks currently solvent

Greece`s major banks are currently solvent and the European Central Bank will continue to provide liquidity to them to help finance the economy, ECB president Mario Draghi said on Monday.

Jun 15, 2015, 21:22 PM IST

Euro steady after ECB and Greek debt meetings

The euro held its gains on Thursday, bolstered by the European Central Bank`s upbeat inflation forecasts and hopes for a last-minute Greek bailout deal.

Jun 04, 2015, 13:11 PM IST

ECB sees growth faltering as it presses on with QE

Europe has lost some growth momentum and bond market volatility is here to stay, the European Central Bank said on Wednesday, pledging to see through its money printing scheme until its job of lifting the economy is done.

Jun 03, 2015, 23:16 PM IST

ECB says no talk of exiting bond purchase programme yet

European Central Bank president Mario Draghi said Wednesday that the ECB is a "long way" from considering phasing out its controversial bond purchase programme any time soon.

Jun 03, 2015, 22:49 PM IST

ECB holds rates steady as Greece debt deadline looms

The European Central Bank held its key interest rates steady, as expected, on Wednesday, but investors were listening for what ECB chief Mario Draghi had to say about Greece.

Jun 03, 2015, 20:50 PM IST

ECB chief says economic and monetary union delays 'dangerous'

European Central Bank President Mario Draghi called on eurozone members Saturday to summon the political courage and discipline to speed economic and monetary union, warning further "delay could be dangerous."

May 23, 2015, 23:46 PM IST

ECB's Draghi lobs ball back to governments on reforms

The economic skies above Europe are clearing after the long years of crisis and it is imperative that governments take advantage of this to get their economies in order, European Central Bank president Mario Draghi said on Friday.

May 22, 2015, 18:19 PM IST