Opinion Charlie Weston

Monday 19 March 2018

Tax hikes and charges will only eat up the Super Mario savings

ECB chief Mario Draghi
ECB chief Mario Draghi

At a time when the Government is grabbing all it can off households in the form of tax and levy rises and benefit cuts, it is a relief that at least one institution is attempting to boost our flagging finances.

'Super Mario' Draghi attempted to live up to his name with the sixth reduction in eurozone rates since he took over as president of the European Central Bank three years ago.

He is also trying to force banks to loan out money to businesses.

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