Mario Draghi

The participation of the International Monetary Fund (IMF) in Greece’s economic program is “highly desirable” as the organization has the expertise to assist in aid programs, European Central Bank President Mario Draghi told SYRIZA MEP Stelios Kouloglou in a...

Upon concluding the review of the Greek program, Greece's partners must also live up to their end of the bargain, both in terms of debt relief and in the way the European Central Bank approached Greek bonds and the...

Greek President Prokopis Pavlopoulos will pay a two-day visit Berlin on Monday following an invitation by the German President Joachim Gauck, during which he will meet with Chancellor Angela Merkel. According to a German government spokesperson, Pavlopoulos and Merkel will...

Here we go again. Mario Draghi says for the umpteenth time that the purchase of Greek debt by the ECB depends on compliance with the new bailout program. ECB’s stance on the purchase of Greek debt is similar to the...

European Central Bank President Mario Draghi responded to SYRIZA's European Parliament Member; Kostas Chrysogonas via an open letter, Chrysogonas had made claims about the ECB's role in the Greek bailouts and posed questions about the “right to social security and the protection of...

European Central Bank President Mario Draghi discussed the possibility of the ECB purchasing Greek bonds, during a press conference in Frankfurt on Thursday. Draghi clarified that for the ECB to purchase Greek bonds, whose low credit rating does not fulfil the ECB's credit rating requirement,...

President of the Hellenic Republic Prokopis Pavlopoulos had a telephone conversation with European Commission President Jean-Claude Juncker on Thursday, in which they discussed Friday’s Eurogroup. Pavlopoulos discussed the same issue on Wednesday with French President Francois Hollande and European Central Bank...

The European Central Bank (ECB) Governing Council decided to raise the Emergency Liquidity Assistance (ELA) to Greek banks by 900 million euros. ECB President Mario Draghi discussed the decision in a press conference following an ECB Governing Council meeting on Thursday. Draghi said...

A lot has happened during 17 hours of talks on the Eurozone's future. Before Greece and its creditors agreed on a new 86-billion European Stability Mechanism (ESM) program, there were multiple interruptions and as the night went on, reports of impasses and confrontations...

While Greece is expected to submit its detailed proposals for a new bailout deal today, two European Central Bank officials are being cautious about the prospect of an agreement. Prior to the European Central Bank Governing Council decision on Wednesday to...