Mario Draghi
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Mario Draghi
Mario Draghi (; born 3 September 1947) is an Italian politician, economist, academic, banker, statesman, and civil servant, who served as the prime minister of Italy from 13 February 2021 to 22 October 2022. Prior to his appointment as prime minister, he served as the president of the European Central Bank (ECB) between 2011 and 2019. Draghi was also the chair of the Financial Stability Board between 2009 and 2011, and governor of the Bank of Italy between 2006 and 2011. After a lengthy career as an academic economist in Italy, Draghi worked for the World Bank in Washington, D.C., throughout the 1980s, and in 1991 returned to Rome to become director general of the Italian Treasury. He left that role after a decade to join Goldman Sachs, where he remained until his appointment as governor of the Bank of Italy in 2006. His tenure as Governor coincided with the 2008 Great Recession, and in the midst of this he was selected to become the first chair of the Financial Stability Boa ...
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His Excellency
Excellency is an honorific style (manner of address), style given to certain high-level officers of a sovereign state, officials of an international organization, or members of an aristocracy. Once entitled to the title "Excellency", the holder usually retains the right to that courtesy throughout their lifetime, although in some cases the title is attached to a particular office and is held only during tenure of that office. Generally people addressed as ''Excellency'' are heads of state, heads of government, governors, ambassadors, Roman Catholic bishops, high-ranking ecclesiastics, and others holding equivalent rank, such as heads of international organizations. Members of royal families generally have distinct addresses such as Majesty, Highness, etc.. While not a title of office itself, the honorific ''Excellency'' precedes various titles held by the holder, both in speech and in writing. In reference to such an official, it takes the form ''His'' or ''Her Excellency''; in ...
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Sapienza University Of Rome
The Sapienza University of Rome (), formally the Università degli Studi di Roma "La Sapienza", abbreviated simply as Sapienza ('Wisdom'), is a Public university, public research university located in Rome, Italy. It was founded in 1303 and is as such one of the world's oldest universities, and with 122,000 students, it is the List of largest universities by enrollment, largest university in Europe. Due to its size, funding, and numerous laboratories and libraries, Sapienza is a global major education and research centre. The university is located mainly in the ''Città Universitaria'' (University city), which covers near the monumental cemetery Campo Verano, with different campuses, libraries and laboratories in various locations in Rome. For the 14th year in a row it is ranked 1st university in Italy and in Southern Europe according tCWUR Sapienza was founded on 20 April 1303 by decree from Pope Boniface VIII as a ''Studium'' for ecclesiastical studies under more control than ...
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Financial Stability Forum
The Financial Stability Forum (FSF) was a group consisting of major national financial authorities such as finance ministries, central bankers, and international financial bodies. It was first convened in April 1999 in Washington. At the 2009 G20 London summit, the G20 nations established a successor to the FSF, called the Financial Stability Board with an expanded membership and broadened mandate. History The Forum was founded in 1999 to promote international financial stability. Its founding resulted from discussions among Finance Ministers and Central Bank Governors of the G7 countries, and a study which they commissioned.Genesis of the FSF
, FSF website.
The Forum facilitated discussion and cooperation on supervision and surveillance of financial institutions, transactions and events. FSF was managed by a small se ...
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Great Recession In Europe
The European recession is part of the Great Recession that began in mid-2007. The crisis spread rapidly and affected much of the region, with several countries already in recession as of February 2009, and most others suffering marked economic setbacks. The global recession was first seen in Europe, as Ireland was the first country to fall into recession from Q2-Q3 2007 – followed by temporary growth in Q4 2007 – and then a two-year-long recession. Eurozone The Eurozone recession has been dated from the first quarter of 2008 to the second quarter of 2009. In the eurozone as a whole, industrial production fell 1.9% in May 2008, the sharpest one-month decline for the region since the Black Wednesday exchange rate crisis in 1992. European car sales fell 7.8% in May compared with a year earlier. Retail sales fell by 0.6% in June from the May level and by 3.1% from June in the previous year. Germany was the only country out of the four biggest economies in the eurozone to register ...
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Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ...
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Director General Of The Italian Treasury
The Ministry of Economy and Finance (), also known by the acronym MEF, is a ministry of the Italian government. Its responsibilities include overseeing economic policy, public investments and spending. The Ministry's headquarters are located in Rome's historic ''Palazzo delle Finanze''. The current minister in the Meloni Cabinet is Giancarlo Giorgetti. History Already in 1947 the De Gasperi III Cabinet tried to merge the pre-existing Ministries of Treasure and Finance but it found a political opposition due to the great power concentrated in the hands of minister Pietro Campilli, and the project was abandoned for over fifty years. MEF was created with the Bassanini reform which unified the economical ministers with the legislative decree n. 300 of 1999. In 2001 the Berlusconi II Cabinet applied the reform and the MEF was created with the merger of former ministries: the Ministry of Treasure, Budget and Economic Programming and the Ministry of Finances. Four fiscal agencies ...
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Rome
Rome (Italian language, Italian and , ) is the capital city and most populated (municipality) of Italy. It is also the administrative centre of the Lazio Regions of Italy, region and of the Metropolitan City of Rome. A special named with 2,746,984 residents in , Rome is the list of cities in the European Union by population within city limits, third most populous city in the European Union by population within city limits. The Metropolitan City of Rome Capital, with a population of 4,223,885 residents, is the most populous metropolitan cities of Italy, metropolitan city in Italy. Rome metropolitan area, Its metropolitan area is the third-most populous within Italy. Rome is located in the central-western portion of the Italian Peninsula, within Lazio (Latium), along the shores of the Tiber Valley. Vatican City (the smallest country in the world and headquarters of the worldwide Catholic Church under the governance of the Holy See) is an independent country inside the city boun ...
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ...
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Governor Of The Bank Of Italy
The Governor of the Bank of Italy is the most senior position in the Bank of Italy. It is nominally a civil service post, but the appointment tends to be from within the bank, with the incumbent grooming his or her successor. List of Governors References

{{reflist Bank of Italy Governors of the Bank of Italy Lists of central bankers, Italy ...
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President Of The European Central Bank
The president of the European Central Bank is the head of the European Central Bank (ECB), the main institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union (EU) The current president of the European Central Bank is Christine Lagarde, previously the chair and managing director of the International Monetary Fund. Role and appointment The president heads the executive board, Governing Council and General Council of the ECB, and represents the bank abroad, for example at the G-20 major economies, G20. The officeholder is appointed by a Voting in the Council of the European Union, qualified majority vote of the European Council, ''de facto'' by those who have adopted the euro, for an eight-year non-renewable term. History Duisenberg Wim Duisenberg was President of the European Monetary Institute (EMI) when it became the ECB, just prior to the launch of the Euro, on 1 June 1998. Duisenberg then became the first President ...
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Prime Minister Of Italy
The prime minister of Italy, officially the president of the Council of Ministers (), is the head of government of the Italy, Italian Republic. The office of president of the Council of Ministers is established by articles 92–96 of the Constitution of Italy; the president of the Council of Ministers is appointed by the President of Italy, president of the Republic and must have the confidence of the Italian Parliament, Parliament to stay in office. Prior to the establishment of the Italian Republic, the position was called President of the Council of Ministers of the Kingdom of Italy (''Presidente del Consiglio dei ministri del Regno d'Italia''). From 1925 to 1943 during the Italian Fascism, Fascist regime, the position was transformed into the Dictatorship, dictatorial position of Head of the Government, Prime Minister, Secretary of State (''Capo del Governo, Primo Ministro, Segretario di Stato'') held by Benito Mussolini, Duce of Fascism, who officially governed on the b ...
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Doctor Of Philosophy
A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of Postgraduate education, graduate study and original research. The name of the degree is most often abbreviated PhD (or, at times, as Ph.D. in North American English, North America), pronounced as three separate letters ( ). The University of Oxford uses the alternative abbreviation "DPhil". PhDs are awarded for programs across the whole breadth of academic fields. Since it is an earned research degree, those studying for a PhD are required to produce original research that expands the boundaries of knowledge, normally in the form of a Thesis, dissertation, and, in some cases, defend their work before a panel of other experts in the field. In many fields, the completion of a PhD is typically required for employment as a university professor, researcher, or scientist. Definition In the context o ...
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