Protester Attacks ECB President Mario Draghi European Central Bank President Mario Draghi got a bit of a surprise during an otherwise bland press conference in Frankfurt on Wednesday.
A woman leapt onto Draghi's desk and showered him with papers and what appeared to confetti as she shouted “end the ECB dictatorship.”
Draghi was unhurt and quickly resumed discussing the bank’s plan to monitor inflation of the euro over the next two years.
The protester may have been referring to Draghi’s plan to stimulate the European economy with a $1.3 trillion bond-buying program, which some are worried will lead to high inflation. The plan mirrors the quantitative easing measures taken by the U.S. Federal Reserve, which have helped buoy the U.S. economy even as Europe struggles on the brink of recession and China’s growth slows.
Financial Times’ reporter Peter Spiegel said on Twitter that his followers thought the woman's accent sounded German, though her identity has not been confirmed. Germany -- a country with strong concerns about inflation dating back to its post-World War I economic devastation -- has sharply criticized the bond-buying plan. Long the powerhouse of the eurozone, Germany remains reluctant to shell out more money to bolster weaker economies in the European Union.
“ECB takes on the billion-euro debts of weak EU states,” wrote Bild, the country’s best-selling tabloid, in a headline on its website in January. “What will happen now with my money?”
A woman leapt onto Draghi's desk and showered him with papers and what appeared to confetti as she shouted “end the ECB dictatorship.”
To summarize http://ift.tt/1IdxEqA
— zerohedge (@zerohedge) April 15, 2015
Protest at ECB press conference - woman jumps on Draghi's desk and shouts 'end the ECB dictatorship' http://ift.tt/1FRnheK
— Mark Broad (@markabroad) April 15, 2015
Draghi remained pretty calm throughout. Now returned and continuing the press conference. Woman led away by security http://ift.tt/1FKs38s
— Mark Broad (@markabroad) April 15, 2015 Draghi was unhurt and quickly resumed discussing the bank’s plan to monitor inflation of the euro over the next two years.
The protester may have been referring to Draghi’s plan to stimulate the European economy with a $1.3 trillion bond-buying program, which some are worried will lead to high inflation. The plan mirrors the quantitative easing measures taken by the U.S. Federal Reserve, which have helped buoy the U.S. economy even as Europe struggles on the brink of recession and China’s growth slows.
Financial Times’ reporter Peter Spiegel said on Twitter that his followers thought the woman's accent sounded German, though her identity has not been confirmed. Germany -- a country with strong concerns about inflation dating back to its post-World War I economic devastation -- has sharply criticized the bond-buying plan. Long the powerhouse of the eurozone, Germany remains reluctant to shell out more money to bolster weaker economies in the European Union.
“ECB takes on the billion-euro debts of weak EU states,” wrote Bild, the country’s best-selling tabloid, in a headline on its website in January. “What will happen now with my money?”
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