CuriosityCat: Greece & The Euro: Super Mario will come to the rescue this weekend

Mario Draghi of the European Central Bank Deadlock reached, the EU negotiators broke off talks with the insurgent left wing Greek government, and that government threw a Hail Mary pass by calling for a referendum on the austerity package on July 5. Meanwhile, a hefty repayment of debt is due on June 30, and commentators ...

CuriosityCat: European political leaders beat back international financial pirates

Mario Draghi, the president of the E.C.B., has managed to outflank some German opposition and gain approval for the European Central Bank to buy bonds of Eurozone countries, in an effort to save the Euro. ‘Super Mario’ Draghi This is how the New York Times describes his deed: The European Central bank took its most ...