Mario Draghi

This tag is associated with 4 posts

Euro Continues To Fall To New Record Low Levels

“The euro and the dollar are nearly trading one for one, as the EU single currency continues to fall to new depths after the announcement of the ECB’s quantitative easing, the €1.1 trillion bond-buying program launched Monday,” RT reports. The euro has been on a steep decline since the European Central Bank announced its loose … Continue reading

Greece: Meaningful Economic Reforms Could Come Through BRICS And Russia?

By Joaquin Flores The sounds of champagne decorking and exuberant cheers among Syriza volunteers, supportive voters, and their struggling-but-comfortable socialist middle-class base within the intelligentsia and literati, could be heard across Athens’ cafes in the clean areas of town. Election results were finalized this evening in Greece, with a clear Syriza victory. But anyone expecting … Continue reading

This Is The Beginning Of The End For The Euro – OpEd

By Michael Snyder The long-anticipated collapse of the euro is here. When European Central Bank president Mario Draghi unveiled an open-ended quantitative easing program worth at least 60 billion euros a month on Thursday, stocks soared but the euro plummeted like a rock.  It hit an 11 year low of $1.13, and many analysts believe … Continue reading

Europe’s €500 Billion Plan To Save Itself From Economic Ruin

On Thursday, European Central Bank head Mario Draghi is expected to make good on his promise to “do whatever it takes” to save the deflating euro and sagging economy and introduce US-style quantitative easing to the tune of €500 billion in bond purchases. The sovereign bond purchases could inject €550 billion ($650 billion), according to … Continue reading

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