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Mario Draghi

A collection of news and information related to Mario Draghi published by this site and its partners.

Top Mario Draghi Articles

Displaying items 78-88
  • What will the St. Petersburg G-20 summit be remembered for?

    What will the St. Petersburg G-20 summit be remembered for?
    ST. PETERSBURG, Russia -- There's been a lot of passionate talk and chatter here among G-20 leaders, but it seems to have been mostly about the conflict in Syria and whether they were willing to back President Obama's call for a military strike on the...
  • Weak jobs report could keep Fed from slowing stimulus this month

    Weak jobs report could keep Fed from slowing stimulus this month
    WASHINGTON -- The top-line number in the August jobs report was roughly in line with expectations, but economists digging into the details Friday saw bad signs that could give Federal Reserve policymakers concerns about reducing their stimulus efforts...
  • Double dip: Eurozone falls back into recession

    Double dip: Eurozone falls back into recession
    The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1% in the third quarter from the earlier quarter. In the second quarter, the currency collective tightened 0.2%,...
  • Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%

    Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%
    WASHINGTON -- The economy added 169,000 net new jobs last month and the unemployment rate ticked down to a near post-Great Recession low of 7.3%, its lowest level since the end of 2008, the Labor Department said Friday. The job growth in August was...
  • ECB President Mario Draghi 'very cautious' on Eurozone revival

    ST. PETERSBURG, Russia — Even as European Union leaders at the G-20 summit here crowed about a reviving Eurozone, the head of the European Central Bank said he didn't share their optimism. In somber remarks, ECB President Mario Draghi said he...
  • Stocks slump after election

    Stocks slump after election
    U.S. stocks fell sharply at the open Wednesday, as investors focused on how President Obama plans to avoid the fiscal cliff after he won re-election Tuesday night. Worries about the European economy also resurfaced, putting more pressure on global...
  • European Central Bank chief swears to 'preserve the euro,' Dow soars

    European Central Bank chief swears to 'preserve the euro,' Dow soars
    Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...
  • EU summit produces surprise moves to bolster struggling euro

     
    European Union leaders surprised and impressed markets worldwide Friday by taking unexpectedly decisive action to boost confidence in the struggling euro common currency at a summit where little had been expected except impasse and discord....
  • Confidence teetering in Eurozone, economists warn

     
    Global Focus: It's been more than two decades since the Iron Curtain fell and Europeans embarked on an ambitious mission to build a powerful economic, political and social union in place of the Cold War divide. And for more than two decades, Germans...
  • Struggling euro nations jockey for central bank intervention

     
    Debates over austerity measures in Spain, Italy and Greece served as silent pressure on the European Central Bank (ECB) to do something at its Thursday board meeting to boost investors' confidence in the government bonds Italy and Spain need to float to...
  • European Central Bank doesn't act, disappointing markets

     
    European Central Bank chief Mario Draghi vowed Thursday that the euro common currency is "irreversible," but the bank's decision to not ease borrowing costs for heavily indebted Eurozone members such as Spain and Italy drove markets into renewed turmoil.....