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European Central Bank Head, Draghi, Has New Powers
Keywords:
The June 28, 2012 EU deal is expected to increase the role of the European Central Bank in addressing the eurozone crisis with powers of banking regulation and supervision and direct capital aid to Spanish banks. Mario Draghi's experience with the Bank of Italy and in dealing with different Italian governments has prepared him for the difficult task of making sure governments in the eurozone make responsible decisions for eurozone finances.
Italy's Mario Draghi, as the new president of the ECB
04/20/2011
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Bonds of Italy, Spain Narrow Gap With U.S., German Yields
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Italian Gains Support in Central Bank Race
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Paris Backs Italy's Draghi as Europe's Central Banker
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German Paper Finds Draghi Not So Bad After All
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01/11/2010
A wide ranging interview with Mario Draghi by Wall Street Journal reporters Blackstone, Karnitschnig and Thomson, which gives insights on how Draghi sees solutions to the crisis in the eurozone and future policy. Draghi favors good fiscal consolidation which combines freeing up labor markets and structural changes for Italy, Spain and other southern countries, with spending reductions, and capital investment in the future as opposed to tax increases for current spending and lack of capital investment for future growth. He points out that with excessive debt to GDP ratios there is no alternative to this right kind of fiscal consolidation. The fiscal consolidation gives the structural changes time to be put in place..
Grouped Articles
ECB Moves Markets, Not Economy
Wall Street Journal 05/03/2013
The Man Whoâll Do Triage on Europeâs Banks
New York Times 10/20/2013
ECB Struggles With Low-Altitude Flying
Wall Street Journal 11/10/2013
Euro Strengthens as Fears Fade
Wall Street Journal 01/12/2013
Bonds of Italy, Spain Narrow Gap With U.S., German Yields
Wall Street Journal 04/09/2014
E.C.B. Plots Strategy for Staving Off Deflation
New York Times 05/26/2014
Mario Draghi, the Bank of Italy and Italy's economic policies
08/07/2011
Grouped Articles
Italy Central Banker Is Open to 'Bad Bank'
Wall Street Journal 02/10/2014
Wall Street Journal 08/07/2011
Italian Workers Strike Against Austerity Measures
New York Times 09/06/2011
Rome's Rating a Warning to Europe
Wall Street Journal 10/06/2011
Italy's Bank Pick Rattles the ECB
Wall Street Journal 10/22/2011
Top Banker Is Quick to Make His Mark
Wall Street Journal 11/03/2011
European Central Bank policies in 2010-2012.
02/05/2008
The ECB rate changes and policy in 2010-2012.
Grouped Articles
ECB Moves Markets, Not Economy
Wall Street Journal 05/03/2013
Shares Rise on Wall Street and in Europe
New York Times 06/06/2012
Europe’s Central Banker Engineers His Economics
New York Times 02/05/2008
2 Major European Banks Keep Record-Low Rates
New York Times 11/04/2010
ECB Seeks Funds for Capital Base
Wall Street Journal 12/17/2010
Rate Rise Signaled for Euro Zone
Wall Street Journal 03/04/2011
Expert opinion on the issuance of Eurobonds by the ECB to support Italy, Spain, Portugal, and Greece
11/22/2011
Grouped Articles
German Court to Weigh Bond Buying by E.C.B.
New York Times 06/10/2013
German Election Overturns Political Order
Wall Street Journal 09/23/2013
European Central Bank Head, Draghi, Has New Powers
New York Times 07/02/2012
Wall Street Journal 11/22/2011
Amid crisis, Italy confronts a culture of tax evasion - The Washington Post
Washington Post 11/25/2011
Europe's Currency Road to Nowhere
Wall Street Journal 11/29/2011
The ECB and Italy
11/09/2011
Grouped Articles
Don't Bank on ECB Rescuing Italy
Wall Street Journal 11/09/2011
Italy Fears Rattle World's Investors
Wall Street Journal 11/10/2011
Central Bankerâs Exit Gives France Opening
New York Times 11/10/2011
Crisis Ensnares Central Bank in Desperate Bid to Save Euro
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European Bank Chief Pushes Back
Wall Street Journal 11/19/2011
New York Times 11/19/2011
ECB management and Executive Board
11/10/2011
Grouped Articles
ECB Moves Markets, Not Economy
Wall Street Journal 05/03/2013
ECB’s Coeuré Sends Strong Signal on Asset Purchases
Wall Street Journal 12/18/2014
Central Bankerâs Exit Gives France Opening
New York Times 11/10/2011
Crisis Ensnares Central Bank in Desperate Bid to Save Euro
Wall Street Journal 11/18/2011
European Central Bank Head, Draghi, Has New Powers
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Central Bank Taps a Belgian for Key Post
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A younger generation of leaders takes over at the European Central Bank under Mario Draghi
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Grouped Articles
The Man Whoâll Do Triage on Europeâs Banks
New York Times 10/20/2013
European Central Bank Head, Draghi, Has New Powers
New York Times 07/02/2012
A New Generation Tackles the Euro Crisis
Wall Street Journal 01/12/2012
ECB's Chief Warns Situation Is 'Very Grave'
Wall Street Journal 01/17/2012
Wall Street Journal 02/24/2012
Q&A: ECB President Mario Draghi
Wall Street Journal 02/23/2012
Mario Draghi, head of the ECB, and the eurozone crisis with Italian bond yields approaching 8% in Dec. 2011
11/10/2011
Draghi addresses the issue of large scale purchases of bonds of Italy and Spain to ease pressure on bond yields, by leaving open the possibility of action if the EU countries take the necessary steps for a strict budgetary framework.
Grouped Articles
Return of Long-Term Bond Buyers Seen as Crucial to Europe
New York Times 06/29/2012
German Court to Weigh Bond Buying by E.C.B.
New York Times 06/10/2013
Europe Bonds May Offer More Value
Wall Street Journal 08/23/2013
Euro Strengthens as Fears Fade
Wall Street Journal 01/12/2013
Bonds of Italy, Spain Narrow Gap With U.S., German Yields
Wall Street Journal 04/09/2014
As Bond Markets Twist, Investors Shout
Wall Street Journal 06/10/2014
European Central Bank interest rates adjustments 2011-2013
03/04/2011
ECB interest rate adjustments and monetary policy.
Grouped Articles
ECB Moves Markets, Not Economy
Wall Street Journal 05/03/2013
New York Times 09/25/2011
ECB Struggles With Low-Altitude Flying
Wall Street Journal 11/10/2013
Shares Rise on Wall Street and in Europe
New York Times 06/06/2012
Wall Street Journal 03/04/2011
European Central Bank Raises Rates as Expected
New York Times 07/07/2011
European Central Bank.
06/21/2010
The ECB under Trichet and efforts to give new powers on fiscal issues to the European Commisssion.
Grouped Articles
ECB Chief Seeks Tighter Fiscal Union
Wall Street Journal 06/22/2010
Trichet to Push for New Fiscal Surveillance
Wall Street Journal 06/21/2010
ECB Walks a Fine Line Siphoning Off Its Liquidity
Wall Street Journal 06/29/2010
New Euro-Zone Rules Could Backfire
Wall Street Journal 11/01/2010
2 Major European Banks Keep Record-Low Rates
New York Times 11/04/2010
ECB Seeks Funds for Capital Base
Wall Street Journal 12/17/2010
The ECB and buying of government bonds of troubled eurozone countries
08/07/2011
The purchases of Italian and Spanish bonds by the European Central Bank in addition to its holdings of 75 billion euros of Portuguese, Greek and Irish bonds creates additional balance sheet risk for the ECB. Losses in the value of collateral could wipe out the 10 billion euro capital base of the ECB. The pressing need to give resources and new powers to the European Financial Stability Facility so that this agency could do the bond buying in the place of the ECB.
Grouped Articles
German Court to Weigh Bond Buying by E.C.B.
New York Times 06/10/2013
ECB’s Coeuré Sends Strong Signal on Asset Purchases
Wall Street Journal 12/18/2014
European Markets Jolted by ECB Proposal
Wall Street Journal 01/21/2015
Quiet Start to Central Bank Bond-Buying Program for the Eurozone
New York Times 03/09/2015
Wall Street Journal 03/10/2015
Wall Street Journal 08/08/2011
The European Banking Agenda in 2012-2014- deposit insurance and powers of banking supervision transferred to a European supervisory authority
03/03/2010
On the agenda during discussions in June between the EC, ECB and the German government, is deposit insurance for eurozone banks, and a supervisory financial authority for eurozone banks (Single Resolution Mechanism) within the EC with powers transferred from sovereign states to the the supervisory banking authority. These issues take priority because of fears of bank runs on banks in Greece, Spain and other countries. France is pushing for a new Eurozone Architecture that will form the basis of the euro currency.
Grouped Articles
ECB Hits the Road for Star Supervisors
Wall Street Journal 06/26/2013
European Union Offers Berlin Compromise on Bank Proposal
New York Times 07/12/2013
Wall Street Journal 03/03/2010
The Man Whoâll Do Triage on Europeâs Banks
New York Times 10/20/2013
ECB Nominates French Regulator for Euro-Zone Post
Wall Street Journal 11/23/2013
ECB Nominates New Banking Regulator
New York Times 11/20/2013
Mario Draghi says having the ECB take up tasks of eurozone wide banking supervision is fully in line with the ECB's mandate
07/01/2012
Linked Articles
European Central Bank Head, Draghi, Has New Powers
New York Times 07/02/2012
Doubts Greet Plan for Euro Zone Bank Regulator
New York Times 07/01/2012
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