Mario Draghi

European Central Bank cuts key interest rate to fight recession

2013-05-02 06:12:00

WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...

Could tiny Cyprus trigger collapse of the Eurozone?

2013-03-20 02:00:00

It’s being marketed as a one-time tax -- a civic donation to the nation’s financial stability. But the people of Cyprus know it by another name: expropriation. A government plan to siphon as much as 10% from individual bank deposits to co-...

Investors say U.S. fiscal woes pose biggest risk to global economy

2013-01-23 07:36:00

WASHINGTON -- Investors around the world say the fiscal woes of the U.S. -- highlighted by the ongoing fight over the debt limit -- pose the biggest risk to the global economy this year, according to poll results released Wednesday. More than a third of...

Eurozone pulls back from the brink of catastrophe -- again

2012-09-07 05:02:25

European Central Bank to buy bonds of several troubled nations

2012-09-06 09:23:59

Double dip: Eurozone falls back into recession

2012-11-15 08:29:00

The Eurozone is back in a recession, its first in three years, as gross domestic product for the debt-plagued 17-nation bloc contracted 0.1% in the third quarter from the earlier quarter. In the second quarter, the currency collective tightened 0.2%,...

Deepening recession heats up talk of Greece exiting Eurozone

2012-08-15 05:03:39

European Central Bank chief swears to 'preserve the euro,' Dow soars

2012-07-26 08:18:00

Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...

Merkel, Hollande vow to 'do everything to protect' the euro

2012-07-27 11:33:44

Confidence teetering in Eurozone, economists warn

2012-08-01 05:03:36

Struggling euro nations jockey for central bank intervention

2012-08-01 15:23:37

European Central Bank doesn't act, disappointing markets

2012-08-02 08:13:49

European Central Bank President Mario Draghi earlier this month. On Thursday, Draghi said the ECB would "do whatever it takes to preserve the euro."

2012-07-26 08:24:00