The German parliament will not be the spear capable of breaking Mario Draghi's anti-spread shield. The president of the European Central Bank said he was ready to defend the work of the Eurotower before the Bundestag. In an interview with the Bavarian newspaper Sueddeutsche Zeitung, Draghi said that "it would be a good opportunity to explain what we do". But, he also launches an amaran dig, "If Parliament invites me, I will gladly respond to the invitation".
After Weidmann's no to the anti-spread plan and after the Karlsruhe sentence, which conditioned the ESM's actions to the vote of the German Parliament, it is no coincidence that Draghi is making an effort to improve his relations with the political world of the Germany, especially given the harsh reactions of the secretary general of the CSU, Alexander Dobrint, to the work of the number one of the ECB.
However, Mario Draghi also wanted to express his satisfaction with regard to his new government bond purchase program, underlining how the measure is already showing "positive results". “The announcement has helped boost confidence in the eurozone and confidence in the euro around the world,” he concluded, “Fund managers are bringing money back to Europe and that's good for the eurozone economy.” .
