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ECB's Draghi wins new central bank governor's award
European Central Bank Governor Mario Draghi has won the inaugural Governor of the Year award for 2014 from specialist publication Central Banking, the London-based media group said on Monday. Draghi's leadership helped restore confidence in crisis-hit Europe, Central Banking said, without naming any runners-up. In accepting the award, Draghi said: "Thanks to both the ECB's actions and hard work by governments in implementing fiscal consolidation and structural reforms, conditions in financial markets have gradually eased since July 2012." "It is still too early to declare victory and the recovery remains ... (full story)
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