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Articles on Mario Draghi

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From left, Silvio Berlusconi, Giorgia Meloni and Matteo Salvini address a rally in Rome in 2019. Meloni’s Fratelli d'Italia (Brothers of Italy) party, with neo-fascist roots, has been rising rapidly in popularity ahead of Italy’s Sept. 25 parliamentary elections. (AP Photo/Andrew Medichini)

As a divided Italy heads to the polls, a sharp right turn is likely

Italians will vote soon. A likely victory for the far-right Brothers of Italy could take the country down an uncharted path.
The Greek Harry Potter? Sotiris Barbarousis/EPA

Explainer: why the Greek election is so important

This Greek election is the most important in recent memory. It appears Syriza has won by a large margin, ending four decades of two-party rule in Greece. Since 2010 – and as a result of austerity measures…
German concerns about the European Central Bank’s impending quantitative easing program might be misplaced. AAP/EPA/Maurizio Gambarini

As Eurozone squares up to quantitative easing, are fears justified?

The European Central Bank is due to decide whether and how to undertake quantitative easing (QE) via large-scale purchases of government debt on secondary markets. For Germany - as the Eurozone’s largest…
European Central Bank President Mario Draghi has called for fiscal policy to lead the way in ending the Eurozone recession. AAP/EPA/ARNE DEDERT

Draghi calls for spending to rescue Euro – but will governments do ‘whatever it takes’?

In July 2012 European Central Bank president Mario Draghi famously announced that the ECB would do “whatever it takes” to rescue the Euro. And he added: “Believe me, it will be enough.” In fact, it has…
With the implementation of the Single Supervisory Mechanism, European Central Bank chief Mario Draghi has taken a major step towards greater financial integration in the Eurozone. AAP

EU banking union is a decisive step towards saving the euro

Last week was one of mixed fortunes for the Eurozone. The week began badly with news that Italy’s Prime Minister Mario Monti was resigning due to Silvio Berlusconi’s withdrawal of parliamentary support…
Protesters outside the Federal Constitutional Court of Germany express their anger over Germany’s support of the ECB’s debt buy-back scheme. AAP

Balancing stability and sovereignty will prove challenging for the Eurozone

The past few days have seen economic crisis management — if not the political landscape in the Eurozone — change fundamentally. On September 6, the ECB announced it would buy-back unlimited government…

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