Concept
Mario Draghi
Related concepts (17)
Politics of Italy
The politics of Italy are conducted through a parliamentary republic with a multi-party system. Italy has been a democratic republic since 2 June 1946, when the monarchy was abolished by popular referendum and a constituent assembly was elected to draft a constitution, which was promulgated on 1 January 1948. Executive power is exercised by the Council of Ministers, which is led by the Prime Minister, officially referred to as "President of the Council" (Presidente del Consiglio).
Bailout
A bailout is the provision of financial help to a corporation or country which otherwise would be on the brink of bankruptcy. A bailout differs from the term bail-in (coined in 2010) under which the bondholders or depositors of global systemically important financial institutions (G-SIFIs) are forced to participate in the recapitalization process, but taxpayers are not. Some governments also have the power to participate in the insolvency process: for instance, the U.S. government intervened in the General Motors bailout of 2009–2013.
Bank for International Settlements
The Bank for International Settlements (BIS, Bank für Internationalen Zahlungsausgleich, Banque des règlements internationaux, Banca dei regolamenti internazionali) is an international financial institution which is owned by member central banks. Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. The BIS carries out its work through its meetings, programmes and through the Basel Process, hosting international groups pursuing global financial stability and facilitating their interaction.
G20
The G20 or Group of 20 is an intergovernmental forum comprising 19 countries and the European Union (EU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development. The G20 is composed of most of the world's largest economies' finance ministries, including both industrialised and developing nations; it accounts for around 80% of gross world product (GWP), 75% of international trade, two-thirds of the global population, and 60% of the world's land area.
Silvio Berlusconi
Silvio Berlusconi (ˌbɛərlʊˈskoʊni ; ˈsilvjo berluˈskoːni; 29 September 1936 – 12 June 2023) was an Italian media tycoon and politician who served as the prime minister of Italy in four governments from 1994 to 1995, 2001 to 2006 and 2008 to 2011. He was a member of the Chamber of Deputies from 1994 to 2013; a member of the Senate of the Republic from 2022 to his death in 2023, and previously from March to November 2013; and a member of the European Parliament (MEP) from 2019 to 2022, and previously from 1999 to 2001.
Boris Johnson
Alexander Boris de Pfeffel Johnson (ˈfɛfəl, born 19 June 1964) is a British politician and writer who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2019 to 2022. He previously served as Foreign Secretary from 2016 to 2018 and as Mayor of London from 2008 to 2016. He was Member of Parliament (MP) for Uxbridge and South Ruislip from 2015 to 2023, having previously been MP for Henley from 2001 to 2008. Johnson attended Eton College and studied Classics at Balliol College, Oxford.
Goldman Sachs
The Goldman Sachs Group, Inc. (sæks ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other 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.