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New ECB head Christine Lagarde (right) wants Germany Chancellor Angela Merkel (left) to increase public spending to give the sluggish European economy a boost, a move supported by French President Emmanuel Macon (centre)

Germany Resists Fresh Calls To Boost Govt Spending

New ECB head Christine Lagarde (right) wants Germany Chancellor Angela Merkel (left) to increase public spending to give the sluggish European economy a boost, a move supported by French President Emmanuel Macon (centre)
Mario Draghi will be saying goodbye as he presides over his final ECB monetary policy meeting and press conference

'Never Give Up': Draghi Sums Up Hard-fought ECB Term

Departing European Central Bank president Mario Draghi said Thursday the proudest legacy from his eight-year term was the ability to "never give up" in the face of economic crises, internal dissent and external criticism."In a sense, this is a part of our legacy: never give up," Draghi said at his last press conference in Frankfurt of his work with colleagues on the ECB governing council since 2011.

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