Tag Archives: Mario Draghi

Not yet time for Euro-euphoria

Countries using the Euro de jure Countries and...

Countries using the Euro de jure Countries and territories using the Euro de facto Countries in the EU not using the Euro (Photo credit: Wikipedia)

By Nikolaus Van Der PasFriends Of Europe, September 17, 2012

EU activity resumed after the summer with some good news. ECB President Mario Draghi buoyed markets with a commitment of unlimited purchases of bonds from fragile Eurozone countries; the German Constitutional Court gave the thumbs up to the European Stability Mechanism; Commission President Barroso delivered an ambitious State of the Union speech, and the Dutch voted for pro-European parties, rejecting their nationalistic rivals… (more)  http://ow.ly/1muvPY

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Filed under European Foreign Policy, European Union, Financial Crisis, Friends of Europe, Think Tank

German Constitutional Court and the European Bailout Fund

Bundesverfassungsgericht, Karlsruhe

Bundesverfassungsgericht, Karlsruhe (Photo credit: Al Fed)

European Inst: German Constitutional Court and the European Bailout Fund (9/11) http://ow.ly/1moNYo

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Filed under European Foreign Policy, European Institute, European Union, Financial Crisis, Germany, Think Tank

Can Draghi Be Believed?

European Central Bank

European Central Bank (Photo credit: jurjen_nl)

Simon Tilford, Project Syndicate, September 3, 2012

Mario Draghi, the president of the European Central Bank, has repeatedly claimed that the ECB will do everything necessary to save the euro. Nothing has been formally agreed yet, but the ECB is expected to announce a new government bond-buying program following next week’s meeting of its Governing Council. Will it work? … (more)  http://ow.ly/1mgKyl

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Filed under European Foreign Policy, European Union, Financial Crisis, Project Syndicate (ProSyn), Think Tank

ECB President Draghi Determined to Save the Euro

 

English: Kemal Dervis, Administrator, United N...

English: Kemal Dervis, Administrator, United Nations Development Programme (UNDP), during the Annual Meeting 2006 of the World Economic Forum in Davos, Switzerland, January 28, 2006 (Photo credit: Wikipedia)

Kemal Derviş, Brookings, August 30, 2012 

August has been a dangerous month in European history, but this year it could be the turning point for the eurozone – and perhaps for the world economy. On July 26, Mario Draghi, President of the European Central Bank, declared that his institution would do “whatever it takes” to preserve the euro, and added: “Believe me, it will be enough.”… (more) http://ow.ly/1mdmte

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Filed under Brookings Institute, European Foreign Policy, European Union, Financial Crisis, Think Tank

CFR: This Will Not Be Enough, Mr. Draghi

Sebastian Mallaby

Sebastian Mallaby (Photo credit: Wikipedia)

By Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations, August 8, 2012

Financial markets, it has often been observed, are thin and volatile in August. Much the same can unfortunately be said for crisis management in Europe. The latest initiative from the European Central Bank has cheered markets. But it appears too qualified to be a lasting game changer… (more) http://ow.ly/1lTQ4W

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Filed under Council on Foreign Relations (CFR), European Foreign Policy, European Union, Financial Crisis, Think Tank

ProSyn: Europe’s Solidarity Imperative

Peter Sutherland, Project Syndicate, August 9, 2012

When Mario Draghi, the president of the European Central Bank, publicly proclaimed that the ECB would do “whatever it takes” to ensure the future stability of the euro, the effect of his remarks was immediate and remarkable. Borrowing costs fell dramatically for the governments of Italy and Spain; stock markets rallied; and the recent decline in the external value of the euro was suddenly checked… (more)  http://ow.ly/1lTN7r

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Filed under European Foreign Policy, European Union, Financial Crisis, Project Syndicate (ProSyn), Think Tank

FriendsOfEurope: ECB pledges further euro support, yet markets left disappointed

FriendsOfEurope: Financial markets have been left disappointed after European Central Bank president Mario Draghi announced that more measures to support the euro will be completed “over the coming weeks”.

The governing council of the ECB met in Frankfurt on July 2 to discuss the future of the euro.

At his press conference Draghi expressed reassurance stating that the ECB is “willing to buy bonds of weaker nations”. (more)  http://ow.ly/1lOfP7

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Filed under European Union, Financial Crisis, Think Tank