The Business Times

Mario Draghi

International

Lagarde urges EU leaders to accelerate capital markets union

Priority should be converting the region’s existing large pools of savings into capital for investments

Mario Draghi, former president of the European Central Bank (ECB) issued warnings over Europe’s failure to keep up with the United States, pointing to the EU’s low productivity and economic slowdown.
International

'Greater' urgency for EU economy overhaul after Trump win: Draghi

He urged the EU to invest up to an extra 800 billion euros a year to catch up with the United States

The former European Central Bank chief told a seminar at think tank Bruegel that the most important step the European Union had to take was integration.
International

EU countries acting alone are 'too small to cope', says Draghi

EU countries cannot compete alone with the likes of China and the United States, says the former ECB chief

Former ECB President Mario Draghi urged the bloc to develop its advanced technologies, create a plan to meet its climate targets and boost defence and security of critical raw materials, labelling the task “an existential challenge.”
International

Draghi says EU at risk without huge spending and joint debt

Draghi says Europe will need to boost investment by about 5 percentage points of the bloc’s GDP – a level not seen in more than 50 years

Draghi is tasked to come up with proposals to revitalise the bloc’s economy in the face of competition from China and the United States.
International

Former ECB head Draghi sounds out businesses to boost EU competitiveness

Mario Draghi met business leaders in Milan on Wednesday (Jan 10) as the former Italian prime minister and European Central Bank chief prepares a report on how to boost the continent’s competitiveness.

It was earlier reported that French President Emmanuel Macron was lobbying other European leaders to agree on the former European Central Bank (ECB) president Draghi (top) as the next head of the Commission.
International

Italy's Mario Draghi not interested in role of EU Commission chief

Former Italian Prime Minister Mario Draghi is not interested in becoming president of the European Commission, a source close to Draghi said on Friday (Dec 8), responding to a newspaper report that he...

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