News
Draghi Backed by Finance Ministers as Next ECB President
www.washingtonpost.com
[Washington Post] - May 17 (Bloomberg) -- Euro-area finance ministers put Mario Draghi on track to become the next head of the European Central Bank as the region struggles to contain a debt crisis sparked by ballooning deficits in southern Europe.
Debt talks continue without Strauss-Kahn
www.startribune.com
[Minneapolis Star Tribune] - At Monday's meeting in Brussels, ministers nominated Mario Draghi of Italy as next president of the European Central Bank. They also unanimously agreed to grant aid worth 78 billion euros ($110 billion) to Portugal under a three-year program jointly
Germany Dep FinMin:Worst Case Greece Cld Seek Priv Sec Relief
imarketnews.com
[IMarketnews.com] - Asmussen confirmed that the Eurogroup had "unanimously agreed to propose [Bank of Italy Governor] Mario Draghi to the European Council as successor to [current ECB President] Jean-Claude Trichet." "I assume the Ecofin" will also express its support of
Google News: Daly Gold and Silver Report
[NASDAQ] - Mario Draghi has been selected the successor to head The European Central Bank after Jean-Claude Trichet's term expires on October Silver continued to struggle today as it lost and settle at $ for the session....
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