empty
 
 
EU has fervent hopes for Mario Draghi
04-03-2021 15:55
EU has fervent hopes for Mario Draghi
EU has fervent hopes for Mario Draghi

Mario Draghi has once again confirmed his status of an undisputed heavyweight in the EU who is respected despite numerous political disagreements.

The former head of the European Central Bank (ECB), who is widely considered the "savior of the euro" in times of debt crises, currently serves as Italy’s Prime Minister. However, many believe that he is still able to take the lead in shaping the EU political and economic agenda. Key European leaders are now in a quandary, as the coronavirus pandemic has noticeably undermined their political positions. In addition, Angela Merkel is set to leave office in September, and Emmanuel Macron could face a leadership challenge in the next election.

At the same time, Mario Draghi continues to command respect. He has a flair for building a dialogue with opponents holding contrary political views. Apart from that, he has years of experience gained during serious financial crises and an atypical approach to problem-solving.

However, experts remain skeptical about Draghi's political future due to possible internal divides and opposition from other political leaders. Besides, the impact of the COVID-19 pandemic may be more severe than Draghi expects.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS
Can't speak right now?
Ask your question in the chat.
Widget callback