ECB backs Draghi to head central bank


Mario Draghi, the governor of the Bank of Italy, has moved one step closer to heading the European Central Bank (ECB) after his colleagues on the Governing Council put their weight behind his nomination.

The Governing Council said it "had no objections" to Draghi's candidacy, and saw him as a person of "recognised standing and professional experience in monetary or banking matters", a requirement for the president of the ECB under Article 283(2) of the Treaty on the Functioning of the EU.


To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: