Mario Draghi - updates

Rappler's latest stories on Mario Draghi


'Never give up,' ECB's Draghi says on monetary policy legacy

Oct 24, 2019 - 11:53 PM

'Certainly this experience has been very intense, profound and fascinating, I take this with me,' says outgoing European Central Bank chief Mario Draghi

OUTGOING. Mario Draghi, president of the European Central Bank, leaves a press conference following the meeting of the Governing Council in Frankfurt am Main, western Germany, on October 24, 2019. Photo by Daniel Roland/AFP

Eurozone 'not resilient enough' to weather another economic crisis – IMF chief

Mar 28, 2019 - 9:33 PM

IMF Managing Director Christine Lagarde says the currency union 'is not resilient enough' to emerge unscathed from 'unexpected economic storms'

LAGARDE. International Monetary Fund chief Christine Lagarde in Frankfurt am Main, Germany, April 5, 2016. File photo by Daniel Roland/AFP

Asia stocks surge on central bank stimulus hopes

Jan 22, 2016 - 3:52 PM

After a rout that has wiped several trillion dollars off global markets so far this year the prospect that two of the planet s biggest central banks were ready to step in finally gives investors something to cheer about

STOCK CHECK. Visitors talk in front of a display showing afternoon trade figures at the Tokyo Stock Exchange in Tokyo, Japan, 04 February 2014. Kimimasa Mayama/EPA

Greece to vote on bailout after explosive IMF report

Jul 15, 2015 - 1:53 PM

UPDATED The outcome of the crucial vote is far from clear after the IMF issued a stark warning that Greece would need far more debt relief to stop it crashing out of the common currency

In this photo, Greek riot police stand on the steps leading up to the parliament building in Athens, as leftist protesters hold an anti-EU demonstration in Athens on July 12, 2015. Louisa Gouliamaki/AFP

Greek PM faces hard sell on bailout deal

Jul 14, 2015 - 12:29 PM

Tsipras needs to secure backing for the deal from the Greek people parliament and his radical Syriza party

DARK DAYS AHEAD? Greek Prime Minister Alexis Tsipras arrives at his office in Athens, Greece, July 13, 2015. Alexandros Vlachos/EPA

Greece, EU avoid 'Grexit' with new bailout deal

Jul 13, 2015 - 2:57 PM

UPDATED EU President Donald Tusk announces the deal for debt stricken Greece on Twitter ending a bitter 6 month struggle between Tsipras s anti austerity government in Athens and the rest of the eurozone

'THE END' Anti-establishment protesters stand in front of a banner that reads, 'The End' during a demonstration against European Union's austerity in front of the Greek parliament in central Athens, on July 12, 2015. Andreas Solaro/AFP

Greece gets ultimatum to avoid euro exit

Jul 13, 2015 - 8:53 AM

Germany pushes for a Greek time out from the euro if leftist Prime Minister Alexis Tsipras fails to agree to tough take it or leave it terms for a 3 year rescue plan worth up to 86 billion euros 96 billion

Greece's Tsipras in crunch debt talks with creditors

Jun 25, 2015 - 8:22 AM

The parties agree to resume the talks at 0700 GMT Thursday morning in hopes of finalizing a deal in time to present it at a meeting of eurozone finance ministers later in the day

OFF THE CLIFF? A man passes by a graffiti showing a euro sign and a car in the colors of Greece jumping off on the wall of an old house in Athens, Greece, on June 24, 2015. Simela Pantzartzi/EPA

Europe closes in on Greece debt deal

Jun 23, 2015 - 8:44 AM

European Commission chief Jean Claude Juncker says he is convinced they could end the 5 month stand off with the leftist Greek government led by Prime Minister Alexis Tsipras

UNION IN DANGER. Protesters hold a Greek and a EU flag outside the parliament during a rally demanding Greece to remain in the Eurozone in Athens, Greece, June 22, 2015. Simela Pantzartzi/EPA

Greece told to move 'urgently' on detailed debt plan

Apr 19, 2015 - 8:47 AM

The Greek government needs new financing urgently to pay salaries at the end of the month and then make a series of debt payments to the International Monetary Fund and the ECB over the next 3 months

G20 optimistic on global economy

Oct 11, 2014 - 10:46 AM

The G20 has backed a new Global Infrastructure Initiative aimed at supporting infrastructure development around the world as a way to boost economies and create jobs

OPTIMISTIC. Joe Hockey, Australian Treasurer and Chair of the G20 Finance Track, looks on during group photo for G20 finance ministers and central bank governors at the International Monetary Fund (IMF) and World Bank Group 2014 annual meetings, in Washington, DC, USA, October 10, 2014. Photo by Drew Angerer/EPA

Euro keeps Wall St gains, analysts warn on Russia

Mar 25, 2014 - 3:09 PM

Analysts say fresh sanctions on Russia may weigh on the euro

Don't relax, Davos warns on global economic crisis

Jan 27, 2013 - 10:17 AM

The world s political and business elite headed home Sunday January 27 from this year s Davos forum with warnings that while the worst of the financial crisis seems over there is still much to be done

'Worst is over' in eurozone debt crisis: ECB chief

Mar 22, 2012 - 4:53 PM

The worst is over in the eurozone debt crisis but risks remain and it is up to governments to resolve them says European Central Bank chief Mario Draghi