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The one thing you should take away from Lehman Brothers is you don't want a big, systemic institution to fail and you certainly don't want that with a member state [in Europe]," Paulson said. In his opinion European Central Bank President Mario Draghi...
The barometer took 14 to blast past 18000, showing little fear of heights among participants. Positive local and global cues, panic buying by those who felt left out and short-sellers scurrying for cover meant the index surged emphatically past Mount...
The European Central Bank (ECB) President Mario Draghi speaks during the monthly news conference in Frankfurt, February 9, 2012. Draghi announced that the ECB will leave the interest rates unchanged. View Photo »
We must not shy away from this fact
I wish him the very best in his future endeavors, and look forward to maintaining a close working relationship with the Bank once a successor is chosen. 17.42 Antonis Samaras, leader of New Democracy, Greece's major conservative party, has written to...
(Reuters) - European Central Bank policymakers said they have no wish to book a profit on Greek sovereign bonds the ECB holds and gave a green light on Wednesday for euro zone member states to pass on the funds to Greece. Joerg Asmussen and Luc Coene...
The European banks went all-in and raised almost €500bn, covering its short-term liquidity needs almost completely. At the end of February, there will be another 3-year LTRO, for which ECB's president Mario Draghi said recently he expects a liquidity...
The President of the European Central Bank , Mario Draghi, laughs during a press conference in Frankfurt, central Germany, Thursday Feb. 9, 2012. The European Central Bank left its benchmark interest rate unchanged at a record low 1 percent on Thursday... View Photo »
Mario Draghi, the president of the European Central Bank, laid the groundwork Thursday for a more aggressive response to the euro zone debt crisis, suggesting that the bank could increase its support for the European economy if political leaders took more radical steps to enforce spending discipline amo...
President Jean-Claude Juncker announced as quoted by BBC. Finance ministers had not received assurances from leaders of Greek political parties on a program of proposed cuts, Juncker said. As well as 17 ministers from nations that use the euro, the...
Besides the finance ministers from the 17 eurozone nations, the EU Commissioner on Economic and Monetary Affairs Olli Rehn and president of the European Central Bank Mario Draghi also were scheduled to attend Wednesday's meeting. A second bailout...
Mario Draghi (born September 3, 1947) is an Italian banker and economist who has been governor of the Bank of Italy since January 16, 2006. He was appointed for a six-year term. Full Article
EDITORS NOTE - CORRECTING ID European Central Bank President Mario Draghi arrives for a European Union summit at the EU headquarters on January 30, 2012 in Brussels. European leaders bid to close a chapter in the debt crisis today with a pact on balanced budgets, but the eurozone...
View Photo »European Central Bank President Mario Draghi arrives for a European Union summit at the EU headquarters on January 30, 2012 in Brussels. European leaders bid to close a chapter in the debt crisis today with a pact on balanced budgets, but the eurozone Achilles heel that is Greece...
View Photo »The European Central Bank (ECB) President Mario Draghi speaks during the monthly news conference in Frankfurt, February 9, 2012. Draghi announced that the ECB will leave the interest rates unchanged.
View Photo »The President of the European Central Bank , Mario Draghi, laughs during a press conference in Frankfurt, central Germany, Thursday Feb. 9, 2012. The European Central Bank left its benchmark interest rate unchanged at a record low 1 percent on Thursday while it waits to see whether the...
View Photo »European Central Bank (ECB) President Mario Draghi gestures as he delivers his speech about ' Europe's Economic Outlook ', on January 27, 2012, during the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos. The third day of the elite gathering will also focus...
View Photo »European Central Bank (ECB) President Mario Draghi (L) and Klaus Schwab, Founder and Executive Chairman, World Economic Forum, attend a session at the World Economic Forum (WEF) in Davos, January 27, 2012.
View Photo »European Central Bank (ECB) President Mario Draghi (L) talks with Portugal's Finance Minister Vitor Gaspar at a European Union finance ministers meeting at the European Union council headquarters in Brussels January 23, 2012.
View Photo »European Central Bank president Mario Draghi arrives at the EU headquarters in Brussels on January 23, 2012, before taking part in an Eurogroup council meeting. Eurozone finance ministers meet to fine-tune strategy to fight the debt crisis and to focus on difficult negotiations in...
View Photo »European Central Bank president Mario Draghi (L) , British Chancellor of the Exchequer George Osborne (2nd L) and EU Commissioner for Economic and Monetary Affairs Olli Rehn (R) listens to Luxembourg's Prime Minister and Eurogroup president Jean-Claude Juncker in Brussels on January...
View Photo »European Central Bank's president Mario Draghi (L) listens to EU Commissioner for Economic and Monetary Affairs Olli Rehn in Brussels on January 23, 2012, before an Eurogroup council meeting at the EU headquarters in Brussels. Eurozone finance ministers meet to fine-tune strategy to...
View Photo »British Finance Minister George Osborne, center left, and Luxembourg's Prime Minister Jean-Claude Juncker, center right, slap hands as European Central Bank President Mario Draghi, left, looks on during a meeting of EU finance ministers in Brussels on Monday, Jan. 23, 2012. European...
View Photo »European Central Bank (ECB) President Mario Draghi (L) talks with EU Monetary Affairs Commissioner Olli Rehn (R) at a European Union finance ministers meeting at the European Union council headquarters in Brussels January 23, 2012.
View Photo »Greek Finance Minister Evangelos Venizelos, left, speaks with European Central Bank President Mario Draghi, center, as Belgium's Finance Minister Steven Vanackere, right, looks on during a meeting of EU finance ministers in Brussels on Monday, Jan. 23, 2012. European finance ministers...
View Photo »European Central Bank (ECB) president Mario Draghi (R) speaks with Greek Finance Minister Evangélos Vénizélos on January 23, 2012 before an Eurogroup Council meeting at EU headquarters in Brussels. Eurozone finance ministers meet to fine-tune strategy to fight the debt crisis and to...
View Photo »Luxemburg Prime minister and chairman of the Eurogroup Jean Claude Juncker (R) speaks with European Central Bank (ECB) chief Mario Draghi (L) on January 23, 2012 before an Eurogroup Council meeting at EU headquarters in Brussels. Eurozone finance ministers meet to fine-tune strategy to...
View Photo »European Central Bank President Mario Draghi looks at documents in a joint seminar with United Arab Emirates central bank governor Sultan Bin Nasser al-Suweidi (not pictured) during the Third High-Level Eurosystem Seminar with Central Banks and Monetary Agencies of the Gulf Cooperation Council...
View Photo »European Central Bank President Mario Draghi (R) speaks in a joint seminar with United Arab Emirates central bank governor Sultan Bin Nasser al-Suweidi during the Third High-Level Eurosystem Seminar with Central Banks and Monetary Agencies of the Gulf Cooperation Council in Abu Dhabi January...
View Photo »European Central Bank President Mario Draghi (C) walks with his aide following his joint press conference with UAE Centeral Bank Governor Sultan bin Nasser al-Suwaidi in Abu Dhabi on January 19, 2012. Draghi said he was confident that the common currency will perform better this year.
View Photo »European Central Bank President Mario Draghi gestures as he waits for the arrival of UAE Central Bank Governor Sultan bin Nasser al-Suwaidi for their joint press conference in Abu Dhabi on January 19, 2012. Draghi said he was confident that the common currency will perform better this...
View Photo »UAE Centeral Bank Governor Sultan bin Nasser al-Suwaidi attends a joint press conference with the European Central Bank President Mario Draghi in Abu Dhabi on January 19, 2012.
View Photo »European Central Bank President Mario Draghi (R) adjusts his headphone duirng his joint press conference with UAE Centeral Bank Governor Sultan bin Nasser al-Suwaidi in Abu Dhabi on January 19, 2012. Draghi said he was confident the European Union will perform better this year.
View Photo »European Central Bank chief Mario Draghi (R) speaks alongside Centeral Bank Governer Sultan bin Nasser al-Suwaidi during their joint press conference in Abu Dhabi, UAE, on January 19, 2012. Draghi said he was confident the European Union common currency will perform better this year.
View Photo »European Central Bank chief Mario Draghi (R) shakes hands with UAE Centeral Bank Governer Sultan bin Nasser al-Suwaidi following thier joint press conference in Abu Dhabi on January 19, 2012. Draghi said he was confident the European Union common curreny will perform better this year.
View Photo »European Central Bank President and Chairman of the European Systemic Risk Board Mario Draghi arrives for a meeting of the EU Economic and Monetary Affairs Committee on January 16,2012 at the European Parliament in the northeastern French city of Strasbourg. The committee met Draghi in...
View Photo »European Central Bank (ECB) President Mario Draghi arrives to attend a European Parliament economic and monetary affairs committee meeting in Strasbourg January 16, 2012. Draghi said Monday Europe is an a "very grave" economic situation, with uncertainty over the sustainability of...
View Photo »EDITORS NOTE - CORRECTING ID European Central Bank President Mario Draghi arrives for a European Union summit at the EU headquarters on January 30, 2012 in Brussels. European leaders bid to close a chapter in the debt crisis today with a pact on balanced budgets, but the eurozone...
View Photo »We must not shy away from this fact
Mario Draghi, the president of the European Central Bank, laid the groundwork Thursday for a more aggressive response to the euro zone debt crisis, suggesting that the bank could increase its support for the European economy if political leaders took more radical steps to enforce spending discipline amo...
I think what we should do is learn to live either without them or with them - but to a much more limited way than we do today
Specifically, France and Spain enjoyed bond rallies, in spite of European Central Bank president Mario Draghi's words of caution on the economy. China also remains on the scene, as on the heels of a positive central bank move, the country experienced a contraction in its manufacturing sector
Ongoing financial market tensions continue to dampen economic activity in the euro area
If you look at Mario Draghi, he's more aggressive, more willing to act than Trichet was
One needs to ask how important are these ratings for the marketplace, for the regulators and for investors
We trust that Mario Draghi and the executive board will decide what is best for the ECB
National governments have to put in place serious fiscal consolidation plans. What one sees across Europe, by and large, is encouraging
We trust that (ECB President) Mario Draghi and the executive board will decide what is best for the ECB, in full compliance with its mandate
If you want the same price and lending capacity ... you have to have additional contributions from triple-A countries
France is making no demands about Benoit's role at the ECB ... It's up to (ECB President) Mario Draghi to choose.
We think we have avoided a major credit crunch
then we have to figure [ECB President Mario Draghi] is prepared to accept the monetization of debt and is ready to take on the German view about printing money via open-market bond purchases
We should learn to do without ratings, or at least we should learn to assess 'creditworthiness' with less reliance on the rating companies
Paris is convincing itself that the worsening situation will force [ECB President] Mario Draghi to give up and open his strongbox. The problem is that…Berlin holds the key of the strongbox, and time goes by.
I cannot underline these points enough
Actually, Angela Merkel and Mario Draghi will do more to decide whether the president gets re-elected than anyone else.
We think we have avoided a major credit crunch even though in some parts of the area, this credit crunch is already on its way
In Mario Draghi’s first major speech as ECB president, he pushed back against calls for further actions by the ECB, namely an increase in asset purchases - highlighting the current dispute between Germany and France - throwing the focus back on government heads to find a resolution on how to leverage th...
Decisions without matching actions are not enough and due care should be taken to implement the measures in the correct sequence
It seems to a great extent markets have anticipated these ratings changes and priced them in
We see that the key refinancing markets for banks are clogged; the interbank market is basically not functioning
Rather than spend too much time on what they say, we need to learn to do either with them or without them
The euro area heads of state and government have agreed on an important fiscal compact
