Bank on 'Super Mario' to give Europe a monetary jolt

Bank on 'Super Mario' to give Europe a monetary jolt

Press quote (Reuters)
07 December 2014
Draghi's 2012 pledge to do "whatever it takes" to preserve the euro was a turning point that halted market turmoil during the euro debt crisis, showing the ECB to be the only federal European institution able to act.

"Mario Draghi’s penchant for seeking German approval has been his biggest mistake as head of the ECB," said Christian Odendahl, chief economist at the Centre for European Reform in London. "He should end it. If he waits until the German public comes around to looser ECB policy, it might be too late."

See here for Christian Odendahl's corresponding article 'The ECB is not the German central Bank'.