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Tag Archives: Draghi

ECB chief Draghi brands Irish banking ‘quasi-monopoly’

By Eamon Quinn Banking in Ireland is not competitive and a “quasi-monopoly” operates in the country, the head of the ECB, Mario Draghi has said. Speaking to the Oireachtas Finance Committee, Mr Draghi said he was aware that retail interest rates charged in Ireland were at elevated levels but said plans by the EU to push on for a banking ...

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ECB chief Draghi brands Irish banking ‘quasi-monopoly’

By Eamon Quinn Banking in Ireland is not competitive and a “quasi-monopoly” operates in the country, the head of the ECB, Mario Draghi has said. Speaking to the Oireachtas Finance Committee, Mr Draghi said he was aware that retail interest rates charged in Ireland were at elevated levels but said plans by the EU to push on for a banking ...

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Draghi Paves Way for End of QE, Warns of Unilateral Decisions on Trade

© Reuters. Draghi sees trade war as major risk as ECB paves way for end of QE Investing.com – European Central Bank (ECB) president Mario Draghi reiterated the need for accommodative monetary policy on Tuesday but revealed that the euro zone monetary authority was moving towards less dovish territory with regard to quantitative easing, known as its asset purchase program, ...

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ECB's Draghi talks policy after the central bank drops its easing bias

[The stream is slated to start at 13:30 GMT. Please refresh the page if you do not see a player above at that time.] div > div.group > p:first-child”> European Central Bank (ECB) President Mario Draghi is speaking at the institution’s headquarters in Frankfurt, Germany, following the Governing Council’s interest rate decision. In… Business

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Euro zone economic slack may be bigger than thought: Draghi

Slack in the euro zone economy may be bigger than previously estimated and this could slow the rise of inflation but only temporarily and prices will eventually climb, European Central Bank President Mario Draghi said on Monday. The factors slowing the rise of inflation will wane as growth continues and the traditional relationship between growth and inflation remains intact, even ...

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REFILE-ECB's Draghi says not his job to regulate Bitcoin

FRANKFURT (Reuters) – It is not the European Central Bank’s job to regulate Bitcoin, its President Mario Draghi said on Tuesday, while warning the public about the risks associated with the volatile cryptocurrency. Calls are growing for authorities, including central banks, to step in and regulate the market for digital tokens, which has seen wild price swings and a series ...

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