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MD

Mario Draghi

economist, banker, university teacher, politician

1947

Mario Draghi is an Italian politician, economist, academic, banker, statesman, and civil servant, who served as the prime minister of Italy from 13 February 2021 to 22 October 2022. Prior to his appointment as prime minister, he served as the president of the European Central Bank (ECB) between 2011 and 2019. Draghi was also the chair of the Financial Stability Board between 2009 and 2011, and governor of the Bank of Italy between 2006 and 2011.

All Quotes by Mario Draghi

Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough. (26 July 2016, speech to Global Investment Conference in London)

Mario Draghi

In Greece, the position at the outset was particularly difficult, so now we have to be particularly patient with the country. That's no surprise.

Mario Draghi

It is too early to assess the policies of the new German government. I can only say that the crisis has shown that the monetary union is incomplete and that the weaknesses need to be remedied. Germany helps the euro best by further strengthening its competitiveness and promoting growth.

Mario Draghi

One needs a complex package of policies and, as we always stress, structural reforms come first, because many of the problems of the euro area are structural. And I'm sure that's also the biggest fear for the Governing Council as a whole. We discussed the possibility of negative deposit rates, but our objective is maintaining price stability.

Mario Draghi

The crisis has not been overcome, but there are many encouraging signs. The economy is recovering in many countries, the imbalances in European trade are declining and the budget deficits in the monetary union are falling.

Mario Draghi

The signals from the monetary analysis confirm the picture of subdued underlying price pressures in the euro area over the medium term.

Mario Draghi

... "the Continent's traditional social contract" - perhaps its major contribution to contemporary civilization - "is obsolete" and must be dismantled.

Mario Draghi

In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments.

Mario Draghi