Within our mandate, the ECB is ready to do whatever it takes to preserve the euro. Believe me, it will be enough.
Mario DraghiRead
Governments must commit to sound economic and financial policies. This is how we ensure reform in the euro area - and our independence.
Interpretation
What this quote means
Governments need to adopt responsible economic policies to achieve reform and maintain independence.
In this quote, Mario Draghi emphasizes the importance of sound economic and financial policies by governments as a prerequisite for reform in the euro area. He suggests that such policies not only promote economic stability but also safeguard the independence of the region, indicating a direct link between good governance and successful economic outcomes.
Themes
Economic PolicyReformIndependenceGovernance
In practice
Example use cases
During a conference on economic development, one can quote Draghi to stress the importance of fiscal responsibility.
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