Tags » Mario Draghi

The problem that Steinhoff poses for both QE and the ECB

Yesterday ECB President Mario Draghi was in bullish mood and in some ways why not as the economy of the Euro area has had a good 2017. 1,519 more words

General Economics

Wait and See: ECB Takes on Corporate Bonds

The markets in Europe and around the world had expected the European Central Bank not to change the interest rates and to keep the asset purchasing programme. 1,376 more words


The Italian banks and how they have contributed to a possible end to deposit protection

A regular feature of recent years has been the Italian banking saga where we are continually reassured that banks are fine and then it turns out that they are not. 1,394 more words

General Economics

No consensus on banks' limit on government bond holdings

There is no consensus among global regulators on how to limit banks’ holdings of government bonds, the head of the European Central Bank said on Monday, adding the European Union should be wary of ruling unilaterally on the issue. 44 more words


Common European insurance scheme for bank deposits on the rocks

There cannot be a common European insurance scheme for bank deposits if the level of unpaid loans is not reduced, the president of the ECB said on Monday. 125 more words


Euro zone ecomy dependent on cheap credit

The euro zone economy remains dependent on cheap credit and the ECB is using the extension of its massive bond buys to push out any expectation for a rise in borrowing costs, ECB President Mario Draghi said on Friday. 174 more words


Notes From Underground: Klaatu Barada Nikto (Stop The Printing Presses!)

In this famous science fiction phrase from the movie “The Day the Earth Stood Still,” I extract my own meaning: Stop the printing before the world’s financial system is destroyed… 868 more words