Bloomberg News

Draghi Says It's Routine That He Took Napolitano's Call

April 04, 2013

European Central Bank President Mario Draghi declined to comment about what he said when Italian President Giorgio Napolitano telephoned him last week for advice on the country’s political deadlock.

“That’s what usually humans do, when they receive phone calls,” Draghi, previously head of Italy’s central bank, said today in Frankfurt when asked in a press conference about the call. “You respond to them.”

“That’s it,” he said. “There’s nothing to say about what we discussed, and the same thing about the situation in Italy.”

Draghi was sought out after more than a month of negotiations between Napolitano and Italian political leaders failed to yield a majority in the country’s divided parliament. After speaking with Draghi, who left the Bank of Italy in October 2011, Napolitano appointed 10 advisers to seek common ground among the rival factions.

“I wouldn’t comment on Italy,” Draghi said.

To contact the reporter on this story: Andrew Frye in Rome at

To contact the editor responsible for this story: James Hertling at

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