Mario Draghi, the Italian economist and politician, has been awarded the 2025 Princess of Asturias Award for International Cooperation. The jury, chaired by Gustavo Suárez-Pertierra, highlighted his crucial role in European integration and the defense of the Euro.
Draghi's tenure as President of the European Central Bank (ECB) from 2011 to 2019 was particularly noted, with recognition for key measures such as interest rate reductions and a debt purchase program to stabilize the Eurozone economy. He was born in Rome in 1947 and was educated in economics at the Massachusetts Institute of Technology (MIT).
The award, which includes 50,000 euros and a sculpture, will be presented in October in Oviedo. The award recognizes individuals or institutions that have excelled in international cooperation and understanding between peoples.