Mario Draghi

Real economic convergence is important for the cohesion of a monetary union, the outgoing President of the European Central Bank (ECB) Mario Draghi said on Tuesday evening, speaking in Athens.

Former caretaker prime minister Lucas Papademos extolled the crucial role played by the outgoing President of the European Central Bank (ECB), Mario Draghi, in shoring up Greece's lenders during the economic crisis, at an event in Athens to honor the central banker.

Greek Prime Minister Kyriakos Mitsotakis will meet with outgoing European Central Bank President Mario Draghi on Wednesday at Maximos Mansion, according to government spokesman Stelios Petsas who briefed journalists on Tuesday.

On Thursday (October 3), the prime minister will attend a part of the annual "Parmenion" military exercise in Alexandroupolis.

The new IMF Managing Director Kristalina Georgieva takes office today.

Recently, she said she was "ready to be put to the test" at a time when wars in the global economy were coming up at several fronts, British Sky News and BGNES reminded.

Outgoing European Central Bank chief Mario Draghi says that he was never part of the camp that wanted "to let Greece go" from the eurozone during the deadlock between lenders and the then recently elected SYRIZA party in 2015.

Mario Draghi, the outgoing president of the European Central Bank (ECB), will visit Athens next week (Oct. 1) to attend and speak at an event held in his honor at the Academy of Athens.

Greece can be included in the European Central Bank's asset purchase program, known as quantitative easing, if it continues to make progress in implementing reforms, ECB President Mario Draghi said on Monday.

The European Parliament has voted Christine Lagarde's nomination as President of the European Central Bank.

Lawmakers voted 394 in favour, 206 against and with 49 abstentions in the parliament's plenary in Strasbourg.

The approval of Lagarde's nomination is uncertain, as the final decision on her appointment is taken by the European Council.

Today, MEPs will vote on the nomination of Christine Lagarde as President of the European Central Bank. 

Before the secret ballot there will be a debate in the plenary.

The European Parliament expresses its opinion on whether the candidate is suitable for the post, with the final decision being taken by the European Council.

Unimpressed by the announcements of European Central Bank President Mario Draghi, traders on the Greek bourse put fresh pressure on stock prices on Thursday, with banks ending the rising course observed over the previous couple of days, in line with most other European markets. The local market appears unhappy with the various announcements about share capital increases.