Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough. (26 July 2016, speech to Global… - Mario Draghi

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Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough. (26 July 2016, speech to Global Investment Conference in London)

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About Mario Draghi

Mario Draghi (Italian pronunciation: [ˈmaːrjo ˈdraːɡi]; born 3 September 1947) is an Italian banker and economist who succeeded Jean-Claude Trichet as the President of the European Central Bank on 1 November 2011. He was previously the governor of the Bank of Italy from January 2006 until October 2011. He played a major role in Italy's response to the Great Recession and the European Union's response to the European debt crisis. In 2013 Forbes nominated Draghi 9th most powerful person in the world. He was later appointed Prime Minister of Italy in charge of a government of national unity during the COVID-19 pandemic in 2021, but resigned in 2022 after a vote of confidence failed to pass by an absolute majority.

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It is too early to assess the policies of the new German government. I can only say that the crisis has shown that the monetary union is incomplete and that the weaknesses need to be remedied. Germany helps the euro best by further strengthening its competitiveness and promoting growth.
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