ESM reform boost crisis management - Lagarde

Must be reformed to manage vulnerability and crises

(ANSA) - Brussels, December 2 - 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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