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PM Narendra Modi

28 Sep 2022

PM Modi congratulates far-right leader Meloni for victory in Italian polls

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.

21 Jul 2022

Italy's PM Mario Draghi quits after coalition implodes, early polls likely

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

29 Oct 2021

PM Modi meets Italian counterpart,holds talks on diversifying India-Italy ties

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

Afghanistan crisis

28 Aug 2021

Italian PM discusses need for G20 special meet on Afghanistan with PM Modi

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.

31 Mar 2021

Italy’s PM Mario Draghi gets first shot of AstraZeneca COVID-19 vaccine

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.

10 Nov 2017

Global Economy - Communication breakdown?

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.

08 Sep 2017

Euro hits 2.5-year dollar high

European Central Bank

05 Sep 2017

ECB`s bond-buying programme: Five things to know

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.

03 Apr 2017

Eurozone unemployment falls to more than 7-year low

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.

European Central Bank

09 Mar 2017

ECB stands firm on stimulus, but says urgency eases

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.

European Central Bank

06 Feb 2017

Relaxing bank regulation is the last thing we need: ECB's Draghi

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.

19 Jan 2017

ECB holds key interest rates at record lows as calls grow for stimulus exit

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.

20 Oct 2016

Mario Draghi says ECB 'didn`t discuss' winding down massive bond purchases

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.

18 Aug 2016

ECB stresses 'readiness to act' in face of Brexit headwinds

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.

08 Jun 2016

ECB pours cash into company bonds to boost eurozone

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.

02 Jun 2016

Ready to act using all instruments available: ECB President Mario Draghi

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.

11 Mar 2016

Mario Draghi, Germany draw daggers over ECB`s mega-stimulus

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.

10 Mar 2016

ECB cuts key rates, beefs up asset purchase programme

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.

21 Jan 2016

ECB holds key rates unchanged amid market volatility

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.

10 Dec 2015

ECB 'still has ammunition' to boost eurozone: Member

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.

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