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...When it comes to rescue missions, Draghi certainly has credibility....
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...[MUSIC PLAYING] The First Republic rescue follows the backstopping of one of Europe’s big lenders. Credit Suisse stock plummeted earlier this week, so the Swiss central bank threw out a lifeline....
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...From the Mediterranean coast, he had travelled to Italy on a boat and then into northern France....
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...Frontex, the European border and coast guard agency, had a budget of about €140mn in 2015. By 2022, that had risen fivefold. Incidentally, Britain has learnt much the same lesson....
...And muddle through is not quite what markets like. Markets like a ride to the rescue. You know, that’s like a vote of confidence....
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