THE GOVERNING COUNCIL of the European Central Bank has left the bank’s main interest rate unchanged at 0.75 per cent. There had been some speculation in recent days that the ongoing uncertainty about the future of the eurozone could have prompted a cut to the rate. ECB president Mario Draghi will give a press conference later at which he may discuss the possibility of a new bond-buying programme.
Mario Draghi
# mario-draghi - Thursday 6 June, 2013
Continued relief for mortgage holders: ECB keeps rates at record low
Mario Draghi says the eurozone economy should stabilise over the rest of the year, but low rates are still needed for now.
# mario-draghi - Thursday 2 May, 2013
Relief for tracker mortgage holders as ECB cuts main interest rates
Falling inflation around the eurozone – particularly in Germany – means big decisions from Draghi and co.
# mario-draghi - Friday 12 April, 2013
Updated: EU finance ministers agree to delay repayment of Irish bailout loans
All 27 EU finance ministers have now given a green light to extending the maturity of Ireland’s bailout loans by seven years.
# mario-draghi - Thursday 4 April, 2013
ECB chief Draghi admits initial Cyprus bailout plan was ‘not smart’
The head of the European Central Bank was speaking as the eurozone’s central bank left interest rates unchanged at 0.75 per cent today.
# mario-draghi - Thursday 7 March, 2013
# mario-draghi - Monday 18 February, 2013
Draghi: ECB hasn’t yet considered whether Irish deal is legal
Mario Draghi tells MEPs that the European Central Bank only checks ‘monetary financing’ operations once a year
# mario-draghi - Thursday 7 February, 2013
The 5 at 5: Thursday
5 stories, 5 minutes, 5 o’clock.
As it happened: Michael Noonan and Brendan Howlin on promissory note deal
The two Ministers will be holding a press conference from 4pm about the promissory note agreement. Let’s see what they have to say.
Draghi says ECB “took note” of IBRC liquidation
The European Central Bank President said that no decision has been taken on the IBRC promissory note.
# mario-draghi - Monday 4 February, 2013
Read in full: Mario Draghi’s letter to Fianna Fáil’s Michael McGrath
The Fianna Fáil finance spokesperson has called on Michael Noonan to hold face-to-face negotiations with the European Central Bank president after he wrote to him last month.
# mario-draghi - Thursday 10 January, 2013
The €5 note is getting a facelift in May
The new €5 banknote is the first in the new ‘Europa series’, featuring the image of the figure from Greek mythology.
# mario-draghi - Saturday 1 December, 2012
Silly diagram does a great job explaining what’s wrong with the Eurozone
The Eurozone house of cards has a solid roof – but the foundations are very rocky.
# mario-draghi - Thursday 8 November, 2012
Euro banknotes to be redesigned with image of Greek ‘Europa’
The €5 note will be the first to get a facelift, with Europa’s face in the watermark and hologram.
# mario-draghi - Sunday 28 October, 2012
ECB chief backs plans for EU to get veto on national budgets
Mario Draghi has told Der Spiegel he ‘completely supported’ giving the European Commission power to veto budgets.
# mario-draghi - Tuesday 9 October, 2012
Mario Draghi and his VP caught joking on mic
They won’t move the markets with their words, it seems.
# mario-draghi - Thursday 4 October, 2012
ECB leaves main interest rate unchanged at 0.75 per cent
The benchmark interest rate has been left untouched by the European Central Bank.
# mario-draghi - Friday 14 September, 2012
ECB, IMF ‘in talks over €300bn Spanish bailout’ – report
A Dutch newspaper quotes an insider as saying informal talks for a full-blown sovereign bailout are underway.
# mario-draghi - Friday 7 September, 2012
ECB’s bond-buying is not a breach of its rules – Merkel
But that’s not what her Central Bank thinks…
# mario-draghi - Thursday 6 September, 2012
ECB may buy Irish bonds at end of bailout programme
The European Central Bank’s new bond-purchasing programme will see the bank lend to countries coming out of bailout programmes.
# mario-draghi - Sunday 2 September, 2012
Starting tonight: an epic week for the global economy
This week we’ll hear from Mario Draghi and Barack Obama, as well as finding out more about job creation and manufacturing.
# mario-draghi - Wednesday 29 August, 2012
ECB President says solution to crisis lies in balanced change
Mario Draghi said it should be agreed that it is not sustainable for countries to pursue national policies that can cause economic harm to others.
# mario-draghi - Tuesday 21 August, 2012
It’s official: Ireland is a Third World country*
*But it’s probably not what you think.
# mario-draghi - Thursday 2 August, 2012
The 5 at 5: Thursday
5 minutes, 5 stories, 5 o’clock…
Draghi: ‘The euro is irreversible – but it’s up to politicians to act’
The ECB president says his bank wants to save the euro, but it can’t exceed the boundaries of what it’s allowed to do.
# mario-draghi - Tuesday 31 July, 2012
McGrath: Banks not passing on ECB rate cut is ‘disgraceful’
Only two banks in Ireland passed on last month’s rate cut to their standard variable rate customers, Fianna Fáil finance spokesperson Michael McGrath has said.
# mario-draghi - Monday 30 July, 2012
Whatever it takes: Stocks rise as leaders make eurozone pledge
There is speculation that the eurozone bailout fund and the ECB could buy-up Spanish bonds in a bid to alleviate fears about the single currency.
# mario-draghi - Sunday 29 July, 2012
Merkel and Monti pledge to protect eurozone
Germany and Italy’s leaders have pledged to do everything to protect the eurozone – but have not outlined any specific action.
# mario-draghi - Saturday 28 July, 2012
Germany rejects notion that Europe’s bailout fund could buy Spanish debt
Despite promises, no green light has been given to any specific action.
# mario-draghi - Thursday 26 July, 2012
Mario Draghi: The ECB will do “whatever it takes” to save the euro
Stock markets around the world rocketed after the usually reserved ECB president insisted the euro would not be abandoned.
# mario-draghi - Tuesday 17 July, 2012
Noonan meets ECB head Draghi: Will he allow us burn the bondholders?
The Minister for Finance will travel to Frankfurt today, amid reports the ECB may let Spain impose losses on senior bondholders.
# mario-draghi - Thursday 5 July, 2012
ECB cuts interest rate to record low
Key eurozone interest rate cut by 0.25 per cent.
# mario-draghi - Monday 25 June, 2012
EU leaders will discuss plans to integrate national budgets – report
Reuters says a document being prepared for Brussels also discusses banking union and deeper economic integration.
# mario-draghi - Wednesday 6 June, 2012
The 5 at 5: Wednesday
5 minutes, 5 stories, 5 o’clock…
ECB president: Fiscal Compact not ‘quid pro quo’ for deal on bank debts
But Mario Draghi says Ireland’s vote is a welcome affirmation of its priorities, and that market access could be close at hand.
ECB to meet to discuss potential cut to interest rates
A 0.25 per cent cut would be good news for mortgage holders – though most expect it to come next month, not today.
# mario-draghi - Friday 1 June, 2012
The 9 at 9: Friday
Every morning, TheJournal.ie brings you the nine things you need to know as you start your day.
# mario-draghi - Wednesday 25 April, 2012
ECB president: ‘No plans to make a deal on promissory notes’
Mario Draghi tells Gay Mitchell there’s no deal – and is warned that the EU is only “slightly more popular than the measles”.





















































