Draghi in Hot Water Following ECB Stimulus Hearing at The Hague

ECB’s Mario Draghi and Dutch lawmakers from The Hague are now in conflict following discussions on the monetary stimulus of the European Central Bank, with the central bank now being pressured to undergo a policy overhaul from Frankfurt as the EU economy is now slowly gaining its momentum. The two-hour hearing between Draghi and the Dutch Parliament was peppered with flare ups as Dutch officials continuously grilled Draghi with regards to the transparency track record of both the central bank and its president, in addition to allegations of certain ECB policies endangering Dutch pensioners and subsidizing countries in southern Europe.