The reform of the European
Stability Mechanism bailout fund reinforces eurozone crisis
management, European Central Bank President Christine Lagarde
said in answering a question from a 5-Star Movement (M5S) MEP
Monday.
"I want to be very clear on the ESM: the changes are
conceived to reinforce the crisis management system," she told
Piernicola Pedicini.
She said the ESM "must be reinforced and restructured to
manage vulnerability and financial risks".
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