Saturday , December 10 2022
Home / Tag Archives: Draghi

Tag Archives: Draghi

Academy of Athens honors outgoing ECB chief Mario Draghi

The Academy of Athens honored the outgoing President of the European Central Bank (ECB) Mario Draghi for his role in rescuing the European economic and monetary union and for his response and actions in dealing with the debt crisis in the Eurozone. “His contribution is significant and is universally recognized,” …

Read More »

Draghi: There was no Plan B for Greece, he didn’t want Grexit

Outgoing head of the European Central Bank, Mario Draghi, has said that he was never part of the camp that wanted “to let Greece go” from the eurozone during the deadlock between lenders and the then recently elected SYRIZA party in 2015. In an interview with the Financial Times published …

Read More »

Draghi signals Greek debt measure not enough for QE inclusion

European Central Bank President Mario Draghi effectively put an end to a debate about the inclusion of Greek bonds in the ECB’s asset-purchase program, saying commitments offered by creditors earlier this month still don’t provide sufficient clarity on the country’s future debt path. The debt measures Greece adopted are “still …

Read More »

Bankers see no Greece participation in ECB QE participation before German elections

Senior bank officials hail the provisional agreement between the government and its creditors as a major step toward the normalization of the economy and the credit system but estimate it will take more time for the country to join the European Central Bank’s quantitative easing (QE) program. They note that …

Read More »

ECB Draghi had no right to close Greece’s banks

The decision of the European Central Bank to freeze the emergency liquidity in summer 2015 and force the Greek government to close the countries bank was possibly not legal. This is stated in the Italian daily Il Manifesto that quotes Fabio de Masi, member of German Die Linke in the …

Read More »

Draghi: Greece must complete 2nd review and have sustainable debt to join QE

A sustainable Greek debt and completion of the second review of the Greek programme are necessary prerequisites for Greece’s inclusion in the quantitative easing, European Central Bank (ECB) President Mario Draghi said on Monday. Addressing the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Draghi explained that the sustainability …

Read More »

ECB Draghi: First analysis of Greek debt sustainability, then QE

Head of the European Central Bank, Mario Draghi expressed concern about the sustainability of the Greek debt and said that assessment on the debt was necessary before Greece could participate in the Quantitative Easing Program. “Discussions on the sustainability of the Greek debt continued. We expressed concern, and steps should …

Read More »