Draghi delivers sermon on trust


Mario Draghi, the European Central Bank (ECB) president, drew on his Catholic upbringing to deliver a sermon on trust in Munich yesterday.

Draghi identified an ethical imperative to pair Europe's subsidiarity model of decentralisation, with social support, but stressed they can only be bound together by trust.

This includes trusting each country will "put its house in order" by playing by the rules and – when needed – making politically difficult decisions.

"Individuals have to do what they can

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

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 individual account here: