# Draghi says the ECB will do whatever it takes to preserve the euro

Date: 2012

On 26 July 2012 in London the ECB president said he would do whatever it takes to preserve the euro, within the mandate. Spreads fell. A speech is not OMT. It is a completed communication act.

## People

- Mario Draghi: https://factrail.ai/people/mario-draghi

## Drivers

- Banking-System Stability: https://factrail.ai/drivers/banking-system-stability

## Sources

- https://www.reuters.com/article/us-ecb-draghi-idUSBRE86P0PP20120726/
- https://www.ecb.europa.eu/press/key/date/2012/html/sp120726.en.html

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/ecb-whatever-it-takes-2012