Areas Quote by Mario Draghi

“Europe's financial system is fragmented, although the gap in funding costs for banks within the euro area is no longer as wide as it was two years ago. But in lending the differences are still very large, and in some countries the credit flow is disrupted.” quote by Mario Draghi — Download Open image

“Europe's financial system is fragmented, although the gap in funding costs for banks within the euro area is no longer as wide as it was two years ago. But in lending the differences are still very large, and in some countries the credit flow is disrupted.”

Mario Draghi

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More by Mario Draghi

The insurance companies do not refer to the key policy rate when they send their statements. We can only control that rate. Long-term interest…

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Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. Believe me, it will be enough.

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In the European context tax rates are high and government expenditure is focused on current expenditure. A 'good' consolidation is one where taxes are…

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I trust the people who are working with me. I delegate.

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If we do not resolve the euro crisis, we will all pay the price. And if we do resolve it, we will all benefit,…

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There is no better protection against the euro crisis than successful structural reforms in southern Europe.

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We won't make the weak stronger by making the strong weaker, as a very wise man once said. That applies to the economy as…

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Productivity growth is the only possible way to achieve prosperity.

Mario Draghi

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In Latin you say: "Repetita iuvant - to repeat is beneficial". The fewer changes made in a country, the more often I repeat my…

Mario Draghi

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Governments must commit to sound economic and financial policies. This is how we ensure reform in the euro area - and our independence.

Mario Draghi

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Interest rates do not have to be identical across the whole euro area, but it is unacceptable if major differences arise from broken capital…

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Explore all 12 Mario Draghi quotes

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