A year on and Draghi remains ECB's 'Super Mario' | Bangkok Post: news

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A year on and Draghi remains ECB's 'Super Mario'

Mario Draghi certainly seems to have hit the ground running when he took over as head of the European Central Bank 12 months ago.

Mario Draghi, president of the European Central Bank (ECB), speaks during a press conference in Tokyo in October 2012. Draghi is currently busy drawing up plans to entrust the ECB with supervision of Europe's banks in a new super watchdog to be housed within the central bank.

Just two days after taking the reins of the world's second most important central bank on November 1, 2011, the Italian surprised everyone by reversing the interest rate hikes prescribed by predecessor Jean-Claude Trichet.

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