Mario Draghi

Mario Draghi, Head of ECB Says Eurozone is Going Through an Economic Recovery

Mario Draghi, Head of ECB Says Eurozone is Going Through an Economic RecoveryOn Monday, Mario Draghi, the head of the European Central Bank said that persistent recovery in the financial sector is finally coming in the eurozone which constitutes of nineteen countries. He says that this recovery should be used by the entire union using the euro currency to fix all the problems that it is facing.

ECB Officials to Debate on Stimulus Expansion in the Light of Cheaper Oil

ECB Officials to Debate on Stimulus Expansion in the Light of Cheaper OilMario Draghi, president of the European Central Bank and his colleagues will now be debating on the issue whether the availability of cheaper energy can be counted as a blessing or a curse.

Spain Needs To Set New Economy Management Strategies

European-Central-BankIt has been reported that the government of Europe has taken back its decision of providing aid to Spain and Greece. During a meeting, held in Cyprus, the finance ministers said that the decision to aid the financially disturbed nations won’t be taken before October.

ECB to buy bonds of troubled member countries

ECB to buy bonds of troubled member countriesThe European Central Bank (ECB) has indicated that it will directly get involved in the bonds market and purchase bonds of troubled member countries, most likely Spain and Italy.

Time to fulfill Promise, say Investors to ECB President Draghi

Time to fulfill Promise, say Investors to ECB President DraghiAs per reports, it has been revealed that European shares have risen a bit in Thursday’s early day trade. The rise has given a hope in the hearts of many and especially among investors that the European Central Bank will take out a deal, which will be able to reduce financial risk that has been involved in the market.

Euro surges on ECB’s plan to intervene directly in bond markets

Euro surges on ECB’s plan to intervene directly in bond marketsThe struggling Euro surged on Friday on renewed optimism that European Central Bank (ECB) would soon take more concrete action to help the continent come out of the persistent debt crisis.

On Thursday, ECB President Mario Draghi announced that the bank could begin unlimited buying of debt-laden countries' bonds to help them slash borrowing costs.

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