The Italian Mario Draghi has taken over the chairmanship of the European Central Bank. The 64-year-old is the successor to the French Trichet, who left office after eight years. Many consider the Italian to be "the best that Europe has", a monetary hawk and thus a guarantor of stability and budgetary discipline.
By Stefan Troendle, ARD radio studio Rome
Mario Draghi was born as a central banker, Italy’s former Prime Minister Romano Prodi is said to have once said. Indeed: his biography looks as if he had worked all his life towards the job he will take on from today: he was shaped by attending an exclusive Jesuit school in Rome. Draghi recalls, "Those were excellent standards along with the moral message that ran the whole day you spent in school. The message that you had to do everything as well as you could. That sincerity is very important, and especially that each and every one of us was special in some way. "