News

Mario Draghi’s ‘whatever it takes’ outcome in 3 charts

Page created: Tuesday, 25 July 2017 14:25 GMT

Thematic
Tags:
Debt  ECB  European Central Bank

Mario Draghi said “within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.”

 

Five years later it is clear the head of the European Central Bank was true to his word, restoring financial confidence and ending a crisis of sovereign debt through a series of extraordinary measures to support the continent’s governments and banks.

 

Three charts highlight what has been achieved, but also the challenge Mr Draghi now faces as he contemplates the removal of crisis-era policies.