Mario Draghi

'Grexit' is back: A Greek exit from the euro raises fears of fiscal contagion

By Simon Kennedy

Mario Draghi?s July 2012 pledge to do ?whatever it takes? to keep the euro intact has kept speculators at bay for almost three years. Bond yields fell from Dublin to Athens, giving governments room to cut budgets and start revamping their economies.

ECB: Proposed Changes to Bulgaria Deposit Insurance Law Harm C-Bank

The European Central bank has warned against proposed amendments to the Deposit Insurance Act, saying they could constitute an infringement on the national bank's independence.

In a statement the Bulgarian National Bank (BNB), Bulgaria's central regulator, cites the letter from ECB signed by the European institution's head Mario Draghi.

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