European Central Bank Latest News: Draghi Defends ECB Crisis Measures

Now watching

Next video starts in : 7 Play

European Central Bank Latest News: Draghi Defends ECB Crisis Measures

European Central Bank Latest News: Draghi Defends ECB Crisis Measures
Replay video
Up next

Driver cuts off cyclists and then goes full road rage

Unlock your personal NFL Now stream by signing in to NFL.com

European Central Bank Latest News: Draghi Defends ECB Crisis Measures

by Wochit 1:15 mins

European Central Bank Latest News: Draghi Defends ECB Crisis Measures

by Wochit 1:15 mins

European Central Bank head Mario Draghi is defending the ECB's bond-buying program, saying it is more important now amid recent market uncertainty. The Bank for International Settlements, a group representing central banks including the Federal Reserve and the European Central Bank, warned political leaders that they should not expect central banks? cheap-money policy to hold the global economy together forever. The organization, based in Basel, Switzerland, said in its annual report that politicians should finally do their share of ?the hard but essential work of adjustment.? European Central Bank policymaker Joerg Asmussen said on that closer integration within Europe called for European Union institutions - in particular its parliament - to be strengthened to ensure democratic control and accountability. "The increasing level of integration within Europe calls for a new institutional design to ensure legitimization, accountability and democratic control," the German ECB Executive Board member said at an event organized by the Kiel institute for the World Economy.

Videos For You

Must Watch

  1. 3:09

    Meghan Trainor - Tune in 3/4 for Meghan Trainor live in concert!

  2. 2:56

    Community Season Six Trailer Premiere

  3. 6:07

    73 Questions With Seth Meyers

  4. 5:06

    Evolution of Movie Robots

  5. 1:55

    Usher Drops His Shorts On 'Repeat After Me'

  6. 2:41

Community

  1. 2:56

    Community Season Six Trailer Premiere

  2. 3:05

    Community 501 - Season 5: Super Seniors

  3. 2:30

    Community 401 - Season 4: Senior Year

  4. 3:05

    Community 301 - Season 3: Junior Year

  5. 2:56

    Community 201 - Season 2: Sophomore Year

  6. 3:02

    Community 101 - Season 1: Freshman Year

Yahoo Studios

  1. 0:38

    Behind-the-Scenes with Tess Holliday for Sea by Monif C.

  2. 2:40

    Abercrombie’s growing pains

  3. 12:26

    Stocks pull back; Target cuts jobs; NBC's new laugh track

  4. 2:47

    'American Crime' Is the 'Humanity Behind the Whodunnit'

  5. 2:18

    NBC’s new comedy subscription service

  6. 3:05

    Target set for thousands of job cuts