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Tag Archives: Mario Draghi

ECB’s Draghi: Solution for Greek Debt is in the interest of the Eurozone

A solution for the Greek Debt is in the interest of the eurozone, chief of the European Central Bank, Mario Draghi said on Monday, speaking at the Economic and Monetary Committee of the European Parliament. Answering a question posed by Giorgos Kyrtsos, MEP of conservative New Democracy, Draghi stressed  that …

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1000+1 reasons why investors do not invest in Greece

It isn’t about competitiveness and even lower minimum wages. It isn’t about the constantly changing taxation system and the over taxation. It isn’t about lack of growth-friendly policies, like lower tax rates and fast implementation of structural  -see: labor – reforms. It is about Mario Draghi, the European Central Bank …

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Draghi’s awkward memory moment: Not the role of ECB to use its monetary policy to force governments to reform

It is a working psychological survival strategy: one creates a bubble, gets in and lives comfortable and nicely till the end of the days. When the bubble is drawn with bright colors, the protection is almost perfect – especially when these bubbles are institutions like the European Central Bank. Too …

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ECB Mario Draghi officially denied “Grexit – Plan Z” in April 2013

European Central Bank chief Mario Draghi apparently lied during a live press conference when he was asked whether there was a Plan B on Greece. It was back in April 2013, when Mario Draghi dismissed  the option “there was a plan for the euro zone exit of the debt-ridden country.” …

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ECB wins court case to conceal Greek debt secrets

 Secret documents revealing the extent of the European Central Bank’s knowledge of Greece’s concealed debt issues prior to its €240bn (£195bn) tax-payer funded rescue have been withheld in a “disturbing” EU court ruling. Internal papers, which detail Greece’s use of complex financial trades to hide its level of debt, were …

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ECB’s Mario Draghi Saves the Euro with Bond-Buying Plan

Ufff! The euro is saved. And together with euro, we, debt-ridden European Southerners, are save too. Head of European Central Bank, Mario Draghi announced on Thursday, that the ECD will buy bonds of countries in debt crisis until they recover. Draghi’s decision comes despite Germany’s objections fearing that member states …

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ECB-Draghi Calls On Bailout Countries to Further Lower Minimum Wages

Mario Draghi, head of European Central Bank found the solution to to production, especially in the bailout countries of the Euro Zone. “Urgent need to improve competitiveness and have labour forces work for dumping prices through further lowering the minimum wages” is the magic formula proposed by the ECB-chief. In the monthly …

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Open Letter to Mario Draghi (ECB): Difficult to Save the Euro, When…

Head of European Central Bank, Mario Draghi, is expected to announce some measures to save the euro. While the markets anticipate to hear the news, normal citizens and taxpayers of the European Union and the euro zone try to figure out what’s the importance of Draghi’s intervention and how these will affect …

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EU Investigates ECB Chief Mario Draghi Over Alleged Conflict of Interest

Hardly had we found a euro zone savor,  i.e. ECB-Chief Mario Draghi, it looks as if we may lose him again. The European Union saw itself  enforced to investigate allegations raised against Draghi by NGO Corporate Europe Observatory, an EU-focused lobbying tracker. CEO accused Drahi of  lacking of independence because of his membership to …

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