Draghi Quotes & Sayings

Those who are saying that Mario Draghi is in the camp of those trying to push Greece outside the Euroarea, are wrong. — Jean-Claude Juncker

In fact, some leaders come right out and say it. Mario Draghi the president of the European Central Bank had an interview with the Wall St Journal in which he said the social contract's dead; we finally got rid of it. — Noam Chomsky

Governments must commit to sound economic and financial policies. This is how we ensure reform in the euro area - and our independence. — Mario Draghi

I don't know, this time it's really difficult. — Mario Draghi

The insurance companies do not refer to the key policy rate when they send their statements. We can only control that rate. Long-term interest rates are determined largely by global financial markets. — Mario Draghi

Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. Believe me, it will be enough. — Mario Draghi

Interest rates do not have to be identical across the whole euro area, but it is unacceptable if major differences arise from broken capital markets or concern about a euro area break-up. — 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

There is no better protection against the euro crisis than successful structural reforms in southern Europe. — Mario Draghi

We won't make the weak stronger by making the strong weaker, as a very wise man once said. That applies to the economy as well. If Germany were less competitive, the euro area as a whole would lose, because less could be produced then. — Mario Draghi

Productivity growth is the only possible way to achieve prosperity. — Mario Draghi

I trust the people who are working with me. I delegate. — Mario Draghi

Mario Draghi became the first major central banker to cut a key interest rate below zero as he unveiled a series of radical measures to stave off a crippling bout of deflation, and signalled his willingness to take further action. — Anonymous

If we do not resolve the euro crisis, we will all pay the price. And if we do resolve it, we will all benefit, particularly German taxpayers and savers. — Mario Draghi

Europe's financial system is fragmented, although the gap in funding costs for banks within the euro area is no longer as wide as it was two years ago. But in lending the differences are still very large, and in some countries the credit flow is disrupted. — Mario Draghi

In Latin you say: "Repetita iuvant - to repeat is beneficial". The fewer changes made in a country, the more often I repeat my messages. And it works. — Mario Draghi