Topic: Mario Draghi
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Eurozone crisis: Who wants what
A look at four central players in the eurozone crisis, and what they want.
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Spain capital flight doubles as risk of European bailout rises (+video)
Capital flight from Spain has doubled to a new record and the country has demanded the European Central Bank recapitalize its teetering financial system, warning that the alternative is a broader bailout that could rock the European economy.
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Sell in May and go away: Stocks close dismal month
With a disappointing finish on Thursday, the stock market closed what was by some measures its worst month in two years. The Dow closed down 26 points on Thursday to end the month at 12393.
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French president-elect Hollande promises 'kinder, gentler austerity' (+video)
As leader of Europe's No. 2 economy, French President-elect François Hollande has the power to challenge German Chancellor Angela Merkel's austerity doctrine.
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French candidate Hollande's projected win could change eurozone's course
French presidential frontrunner Francois Hollande, of the Socialist Party, could prompt major changes to the German-led austerity model, which much of Europe is already rising up against.
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Workers say zealous eurozone reformers are eroding their sacred rights
Union powers and workers' protections have been severely curtailed to make Europe's struggling economies more competitive. Some say the cuts have gone further than necessary.
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In positive week for eurozone, warnings rise that crisis isn't over
The Greek bailout and cheap loans may have pulled Europe back from the edge, but economists warn that without real change, the eurozone will continue to teeter.
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Germany to Europe: Don't criticize us on eurocrisis leadership
Germany has been heavily criticized for its 'German doctrine' of austerity, but Germans are confident that it will work for the rest of Europe and are tired of apologizing for their success.
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The Daily Reckoning
Creating more debt won't solve the economic crisis
World banks are trying to solve the financial crisis the same way they caused it — by creating more debt.
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European Central Bank loans $639 billion to banks. Will it help?
European Central Bank loans are intended to keep banks lending and avoid a credit crunch. But the head of the European Central Bank resists providing similar help to indebted nations.
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Stocks fall with BoA, banks leading the slide
The Dow lost 200 points to close at 11766. Bank of America plunged 4 percent; other big banks also faltered.
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Europe's new fiscal union: how big a step out of crisis?
Angela Merkel and Nicolas Sarkozy have proposed a pact to form a European 'fiscal union' with strict financial rules in parallel with the EU. But Britain has balked, leaving it the odd man out.
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Eurozone crisis: Who wants what
A look at four central players in the eurozone crisis, and what they want.
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US stocks dive after ECB doesn't act
US stocks on the Dow dropped 198 points to close at 11997 after the head of the European Central Bank said there was no plan for purchases of European government bonds. The drop in US stocks was the worst since November.
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US stocks fall sharply after ECB inaction
US stocks were down near session lows in midday trading. The European Central Bank's announcement that it had no large-scale bond-buying plan undercut enthusiasm for US stocks.
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The Reformed Broker
Is the US going to bail out Europe?
Officially, the International Monetary Fund is slated to help ease Europe's debt problems. But 20 percent of the IMF's funding comes from the US and Britain, and more money will be needed for a European bailout.
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Germany's Merkel takes hard line on fixes for eurozone debt crisis
German Chancellor Merkel is pushing guarantees of greater fiscal discipline in exchange for a more assertive European Central Bank role in addressing the eurozone debt crisis.
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The Daily Reckoning
Goldman Sachs to Europe's rescue
Italy's new leader, Mario Monti, is an ex-Goldman Sachs executive. Who knows more about debt problems than anyone else? The people who cause them, of course.
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Stocks fall in Europe, Asia over worries about Italy
Stocks drop 1 percent or more on major European indexes because of concerns about Italian debt. Japan limits losses with yen intervention. US stocks expected to open lower.
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European Central Bank offers lifeline to ailing eurozone lenders
European Central Bank chief Jean-Claude Trichet offered European banks emergency short-term loans. Speculation is rising over a plan by EU leaders to recapitalize banks.
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Global markets drop sharply on US, Europe outlook
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
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