The Business Times

Mario Draghi

International

Lagarde urges EU leaders to accelerate capital markets union

Mario Draghi, former president of the European Central Bank (ECB), during a news conference in the Berlaymont building of the European Commission in Brussels, Belgium, on Monday, Sept. 9, 2024. Draghi called on the EU to invest as much as €800 billion ($884 billion) extra a year to make the bloc more competitive and to commit to the regular issuance of common bonds to compete with China and the US. Photographer: Simon Wohlfahrt/Bloomberg
International

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

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

epa11001896 Italy's former prime minister Mario Draghi attends the presentation of Italian journalist Aldo Cazzullo's book 'When we were masters of the world' ('Quando eravamo padroni del mondo') in Rome, Italy, 29 November 2023. Draghi said that the European Union is currently facing a 'critical moment'. During the unveiling of a new book by Italian journalist Aldo Cazzullo, Draghi expressed hope that the founding values uniting the EU will continue to do so. He admitted to feeling 'concern' by stating that the current growth model has dissolved and 'we need to reinvent a way of growing', but in order to do that 'we need to become a State'. EPA-EFE/MASSIMO PERCOSSI
International

Draghi says EU at risk without huge spending and joint debt

Draghi has been mandated by EU Commission President Ursula von der Leyen 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

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

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