Mario Draghi, President of the European Central Bank (ECB) (DANIEL ROLAND/AFP/Getty Image)
Mario Draghi, President of the European Central Bank (ECB)
(DANIEL ROLAND/AFP/Getty Image)

Super Draghi Calls the Tune in Cyprus

March 27, 2013  •  From theTrumpet.com
Mario Draghi rides to the rescue in Cyprus.
 

So a deal is done on the Cypriot economic debacle. But in the end, when push came to shove, it was not the troika, nor Merkel, nor Putin, least of all Cyprus’s president, Anastasiadis, but that Jesuit son of Rome, ecb head Mario Draghi, who flung down the gauntlet to the embattled island nation with an ultimatum that had one news source describing it as “acting with unprecedented severity.”

The suave, sophisticated Italian president of the European Central Bank threatened Cyprus with a complete cessation of funding if the government did not agree to the EU’s stringent bailout terms.

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