12+ Mario Draghi Quotes On Education, Success And Marriage
Mario Draghi is an Italian economist and banker who served as the President of the European Central Bank from 2011 to 2019. He previously served as the Governor of the Bank of Italy from 2005 to 2011 and was the Chairman of the Financial Stability Board from 2009 to 2011. He is widely credited with helping to save the Eurozone from the brink of collapse during the European debt crisis. Following is our collection on famous quotes by Mario Draghi on education, leadership, success.
If we do not resolve the euro crisis, we will all pay the price. And if we do resolve it, we will all benefit, particularly German taxpayers and savers. — Mario Draghi
Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough. — Mario Draghi
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 well. If Germany were less competitive, the euro area as a whole would lose, because less could be produced then. — Mario Draghi
There is no better protection against the euro crisis than successful structural reforms in southern Europe. — Mario Draghi
Governments must commit to sound economic and financial policies. This is how we ensure reform in the euro area - and our independence. — 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. — Mario Draghi
I trust the people who are working with me. I delegate. — Mario Draghi
In Latin you say: "Repetita iuvant - to repeat is beneficial". The fewer changes made in a country, the more often I repeat my messages. And it works. — 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 rates are determined largely by global financial markets. — Mario Draghi
In the European context tax rates are high and government expenditure is focused on current expenditure. A "good" consolidation is one where taxes are lower and the lower government expenditure is on infrastructures and other investments. — Mario Draghi
Interest rates do not have to be identical across the whole euro area, but it is unacceptable if major differences arise from broken capital markets or concern about a euro area break-up. — Mario Draghi
Productivity growth is the only possible way to achieve prosperity. — Mario Draghi
Life Lessons by Mario Draghi
- Mario Draghi's work has taught us the importance of fiscal responsibility and sound economic policies. He has also highlighted the need for governments to be proactive in responding to economic crises and to take a long-term view when making decisions. Finally, he has demonstrated the value of international cooperation in tackling economic challenges.
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