Mario Draghi
Draghi on Italy's improving finances
Italy's public finances continued to improve in 2007, allowing for the excessive deficit procedure started by the European Commission in 2005 to be stopped, said Mario Draghi, the governor of the Bank of Italy.
Italy's Draghi on the euro
The euro's role as an international reserve currency is set to grow, Mario Draghi, the governor of the Bank of Italy, believes.
Candidates touted to succeed BIS's Knight
Jaime Caruana, the director of the monetary and capital markets department at the International Monetary Fund (IMF) and a former governor of the Bank of Spain, is reported to be the frontrunner to replace Malcolm Knight, the outgoing general manager at…
Reform on track: FSF's Draghi
Efforts by an influential group of supervisors to reform financial markets in the wake of the credit crunch are going to plan.
Bank of Italy to close eurozone branches
The Paris, Brussels and Frankfurt branches of the Bank of Italy will shut by the end of this year.
Italy's likely finance minister knocks FSF plans
Giulio Tremonti, an Italian politician set to become the country's next economy minister, has claimed that the Financial Stability Forum's regulatory response to the subprime crisis is too lax.
Liquidity pressures could return, says FSF report
Money-market tensions could yet re-emerge, a group of leading central bankers and policymakers warned on Monday.
Tax rules hamper Italian investment funds
Tax treatment severely handicaps Italian investment funds with respect to their foreign competitors, said Mario Draghi, the governor of the Bank of Italy.
Globalisation gives greater role to communication
The globalisation of financial markets has made central bank communication more important than ever, says Mario Draghi, the governor of the Bank of Italy.
Italian consumption must recover, says Draghi
Stronger consumer spending is needed for the Italian economy to grow and to stabilise, according to Mario Draghi, the governor of the Bank of Italy.
Better tax rules would aid Italian growth: Draghi
Less tax for labour and firms would boost the potential growth rate of the economy, Mario Draghi, the governor of the Bank of Italy, told an audience in Rome.
Sales remain within Gold Agreement Limit
Gold sales by the 16 signatories to the Central Bank Gold Agreement between 27 September 2006 and 26 September 2007 amounted to 475.75 tonnes, 24.25 tonnes shy of the 500 limit, the Bank for International Settlements said on Wednesday.
Italian government eyes reserves for debt payment
The Italian government is proposing to use part of the central bank's gold and currency reserves to pay down national debt, which is currently at 107% of the country's gross national product. The country's parliament has approved a resolution calls for…
Draghi testifies to parliament
Stronger economic growth has meant a smaller fiscal deficit, noted the governor of the Bank of Italy, Mario Draghi, but Italy's structural deficit remains substantial.
Draghi sees more efficiencies from bank mergers
Mario Draghi, the governor of the Bank of Italy, says the market expects further savings as banks in Italy consolidate. Speaking at the meeting of the Italian Banking Association in Rome on 11 July, Draghi said savings would come from unifying IT systems…
Draghi keen on governance reforms for banks
The governor of the Bank of Italy, Mario Draghi, told the central bank's shareholder at the conclusion of its annual meeting that he backs Italian lawmakers' current effort to reform the governance arrangement for the country's cooperative commercial…
Bank of Italy - annual report
The Bank of Italy released its 2006 annual report on 31 May. On the occasion of the release, Mario Draghi, the governor of the central bank, commented on the Italian economy, saying that although its rate of growth is still one of the lowest in the euro…
Italy's Draghi on employment and development
In the speech 'Employment and development - the legacy of Giorgio Gagliani' given on 26 March Mario Draghi of the Bank of Italy said the repercussions of population ageing have already begun to be felt in the Italian labour market.
Italy's Draghi: Governor Baffi's financial policy
In the speech 'Reflections on monetary and financial policy - Governor Baffi's monetary policy' given on 15 March Mario Draghi of the Bank of Italy said Paolo Baffi was governor of the Bank of Italy during five of the most difficult years Italy has known.
Italy's Draghi on growth and stability
In the speech 'Growth and stability of the economy and financial markets' given on 3 February Mario Draghi of the Bank of Italy said greater international co-operation is needed to strengthen financial markets and prepare for instability.
Bank of Italy shuffles management
Mario Draghi, the governor of the Bank of Italy, has begun reshuffling his management team ahead of a meeting with unions this week, La Stampa reported Friday 3 February.
New rules for Bank of Italy chief
The Bank of Italy adopted new rules on 28 November that end the central bank governor's unrestricted decision-making powers and traditional job for life.
Bank of Italy to cut 20% of staff by 2013
The Bank of Italy announced Tuesday 31 October that it would cut staff by about one-fifth by 2013 and close 75 percent of the central bank's offices in Italy under a plan that was rejected by the bank's unions.
Italy's Draghi on regulation of financial markets
In the speech 'Measures for the protection of savings and the regulation of financial markets' given on 26 September Mario Draghi of the Bank of Italy said the quality of financial regulation is gauged by its effectiveness in preventing improper conduct,…