Mario Draghi

Mario Draghi News

  • Europe Car Sales Post First Gain in 19 Months on Germany

    European Union car sales rose in April for the first time since September 2011, adding to signs that the 27-nation bloc’s recession may be short-lived.

  • Asmussen Says Long Phase of Low Interest Rates Carries Risks

    European Central Bank Executive Board member Joerg Asmussen said policy makers should be aware of the risks related to keeping interest rates low for an extended period of time.

  • Spain Posts First Trade Surplus on Record

    Spain posted its first monthly trade surplus on record in March as imports slumped, after government budget cuts undermined domestic demand.

  • Coeure Says ECB Looking at Options to Boost Lending

    European Central Bank Executive Board member Benoit Coeure said while the ECB is looking at options to spur lending to smaller companies it shouldn’t artificially change risk premiums paid by such firms.

  • Dollar Climbs Before Manufacturing, Jobs Reports; Aussie Weakens

    The dollar strengthened before reports economists said will show manufacturing in the Philadelphia region expanded, while first-time jobless claims were near the lowest since January 2008.

  • Euro-Area Exports Increase for Third Month on Germany: Economy

    Euro-area exports increased for a third month in March as the currency bloc’s four largest economies all shipped more goods, adding to signs the region is beginning to emerge from a record-long recession.

  • What's Up With the Tranquility in U.S. Stocks?

    March 28, 2013 - Since the middle of 2012, when fears of a euro zone breakup were squelched by European Central Bank Mario Draghi’s pledge to do “whatever it takes” to preserve the euro, U.S. and global stock markets have surged. At the same time, there has been a decline in stock market volatility: the VIX index, the so-called “fear index” measuring anticipated stock market volatility, is far below its historical average. So stocks are up and markets are calm. Will investors be rudely jolted from this serenity by a surge in volatility?

  • Euro-Area Recession Deepens as Slowdown Exceeds Estimates

    The euro-area economy shrank more than economists forecast in the three months through March, extending a recession to a record sixth quarter and increasing pressure on the currency bloc’s leaders to spur growth.

  • South Europe Carmakers Rise on Signs of Austerity Ending

    Fiat SpA, Renault SA and PSA Peugeot Citroen gained more than 5 percent on signs that governments may take measures to spur growth after the euro-area economy contracted more than forecast in the first quarter.

  • German Economy Barely Expands While France Contracts

    The German economy expanded less than forecast in the first quarter and France slipped into recession, increasing pressure on the European Central Bank to do more to stimulate growth.

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