Quirinale, Draghi: ECB will stay on until 2019 – Daily of Puglia

Quirinale, Draghi: ECB will stay on until 2019 – Daily of Puglia

“I will not be a politician. My term as president of the ECB will last until 2019. ” So ECB President Mario Draghi in an interview with German newspaper Handelsblatt exclude the possible involvement in politics in reference to the succession Giorgio Napolitano at the Quirinale. And ‘in fact for days that the name of the Governor of the Central Bank is included in the full-Quirinale and is evoked by more than a political force as a “natural” successor Napolitano. So after Romano Prodi, also Draghi takes off from the rat race Colle higher although, in this case, pull back might not be enough.
In the last days of December, the German press had in fact unleashed, with the confirmation of the resignation Napolitano, stating that the Dragons would go away (at the Quirinale in fact) and the current president of the Bundesbank, Jens Weidman, it would take place at the head of the ECB.

glimmers

 Speaking to the German newspaper, the President of the European Central Bank outlines its outlook for 2015, both personally and on that institution. First of all, the confirmation of the intention to stand firm in its place. “I will not be a politician. My term as president of the ECB will last until 2019. ” Then, ECB President looks at the plight of the Eurozone. And it does glimpsing a glimmer of light at the tunnel exit to the crisis, saying he was “cautiously optimistic” about economic in 2015. It is the same word crisis that prefer to set aside, talking about a “long period of weakness” economy and “not a crisis.” How to reiterate that there are all prerequisites to reverse course. “I think that the combination of our monetary policy and reforms on the part of the member states will restore the lost confidence,” he explains, showing confident that the euro zone economy next year will r eturn to growth.

Next to the cautious optimism, the problems remain to be tackled and determination in trying to solve. Starting by the price, the focus of monetary policy. The risk of deflation in Europe, Draghi points out, “is not ruled out but is limited.” And the conditions, in this sense, have worsened.

MEETING

 The unavailability of the ECB president was known for some time and is likely to last August the same Draghi’ve got to talk to the Prime Minister during a meeting that took place in the country house of a City of Dragons Pieve. An informal meeting in the Umbrian countryside where Dragons and Renzi spoke in person also of the economic situation of Italy still in great difficulty. All that remains is to wait a few days to see if the intentions of the Dragons, and the strong desire expressed by the ECB president to remain in place until the end of the mandate, will be respected and will continue to be pulled from his jacket from those who think they have found the solution for the Quirinale.

 M.C.