Mario Draghi News

Giorgia Meloni, who led a coalition of right-wing parties to victory in Italian polls, heads Brothers of Italy, a party with neo-fascist roots.

Italy PM Mario Draghi has resigned He resigned after his coalition allies backed out of the govt Italy is likely to have snap polls after his resignation

PM Modi and Mario Draghi held their first in-person meeting at Palazzo Chigi, the official residence of the Italian Prime Minister.

The idea of a special meet on Afghanistan is being discussed with several other G20 member countries as well. The duo also discussed issues like climate change during their talk. "The leaders discussed the recent developments in Afghanistan and its implications for the region and the world," a statement read.

PM Draghi and his wife Maria Serenella Cappello, both 73, received the vaccine. 9.8 million Italians have received at least the first dose of one of the three approved vaccines. The number of fully-vaccinated individuals who have received two doses totalled 3.1 million.

Since the Fed began raising rates in 2015, the difference between long- and short-term US yields has shrunk to levels not seen since before the 2008 financial crisis, reaching 67 basis points -- its flattest in a decade -- in the past week.

European Central Bank governors meet in Frankfurt on Thursday as expectations grow that they will soon announce an end to their "quantitative easing" bond-buying programme.

The eurozone jobless rate in February fell to its lowest level since May 2009 as a resurgent hiring spree took hold despite uncertainty over Brexit, EU data showed Monday.

The European Central Bank pledged on Thursday to keep its aggressive stimulus policy at least until the end of the year, but markets leapt higher as it signalled there was less of a need to prop up growth and inflation in the euro zone.

Financial regulation since the global financial crisis underpins stability and the idea of relaxing bank rules is `very worrisome`, European Central Bank President Mario Draghi said on Monday.

The European Central Bank left key interest rates and its mass bond-buying programme unchanged Thursday, at its first meeting of a year when the Frankfurt institution could become a political punching bag.

European Central Bank chief Mario Draghi said Thursday the governing council "didn`t discuss" winding down its massive bond purchases, after a report that an end may be in sight spooked investors earlier this month.

European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain`s vote to quit the EU, according to minutes of their July meeting released on Thursday.

Having already slashed interest rates to below zero and pumped massive amounts of cash into financial markets, it started to directly finance businesses by buying their debt in the bond market.

 In the latest, ECB has left the interest rates at record low. ECB President Mario Draghi expected inflation to pick up in second half of 2016.   

A simmering war between ECB chief Mario Draghi and Germany erupted into the open on Friday after the bank unleashed an unprecedented stock of ammunition to light a fire under chronically weak inflation. 

The European Central Bank on Thursday cut key interest rates and said it would spend tens of billions more to kickstart the chronically weak eurozone economy, sparking a sharp rally in stock markets.

The European Central Bank held its monetary policy steady at its first meeting of 2016 Thursday, but is expected to keep the door open for more stimulus later, in the face of recent financial market turmoil, analysts said.

Financial markets may have been disappointed by the European Central Bank`s latest round of policy moves, but it still has other measures up its sleeve to boost recovery in the euro area, executive board member Yves Mersch said.