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Tag Archives: Mario Draghi

Italian PM resigns

Rome, Italy | Xinhua | Italian Prime Minister Mario Draghi on Thursday officially resigned, remitting his mandate to the hands of the president, and putting an end to his national unity government after 17 months in office. “President Sergio Mattarella has received Mario Draghi, who … has reiterated the resignation of …

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Algeria to become key supplier of gas to Italy

Algiers, Algeria | Xinhua | Gas supplies from Algeria to Italy will increase in the coming years, Italian Prime Minister Mario Draghi said on Monday, following his meeting with Algerian President Abdelmadjid Tebboune in Algiers. The gas deal was one in a series of agreements the two politicians agreed to sign …

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Italy lowers fuel taxes to help tackle surging prices

Rome, Italy | Xinhua | Italy’s government on Monday adopted a decree that eliminates excise taxes on some forms of natural gas and methane to help tackle surging energy prices due to the Russia-Ukraine conflict. According to a statement from the office of Prime Minister Mario Draghi, excise taxes on gasoline, …

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Who is Mario Draghi, Italy’s new PM?

Rome, Italy | XINHUA | Former European Central Bank (ECB) President Mario Draghi formally accepted the task of forming the next Italian government as new Prime Minister on Friday. His 23-member cabinet was sworn in at the Quirinal presidential palace at noon on Saturday. Draghi took the job after the …

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Carney swansong may see Bank of England cut rate

London, United Kingdom | AFP |  Bank of England governor Mark Carney steers his final interest-rate meeting this week that could end with a cut on the eve of Brexit to boost Britain’s stalled economy. The BoE announces its rate decision on Thursday after a meeting of the Monetary Policy Committee …

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Ciao, Mario: ECB’s Draghi hands baton to Lagarde

Frankfurt am Main, Germany | AFP | ECB chief Mario Draghi bows out Monday, passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers. The man credited with saving the euro during his eight-year tenure at the European Central Bank will be …

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