Draghi: the Words and Actions Which Defined His Tenure

Draghi: the Words and Actions Which Defined His Tenure

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Business, Social Studies

University

Hard

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Mario Draghi, credited with saving the euro, took decisive actions as ECB President, including reversing previous rate hikes and introducing unprecedented measures like negative deposit rates and quantitative easing. Despite opposition, these actions were crucial during the European debt crisis. As Draghi's term ended, the need for continued support was evident, with Christine Lagarde succeeding him, hoping to avoid repeating his famous 'whatever it takes' mantra.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What decisive actions did ECB President Mario Draghi take to address the European debt crisis?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the ECB's deposit rate change during Draghi's tenure, and what was its significance?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the importance of quantitative easing introduced by the ECB in early 2015?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the response of the ECB to the signs of recovery in Europe as Draghi's term was ending?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Draghi's mantra 'ready to do whatever it takes' signify in the context of ECB's policies?

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