Klaus Regling at IIEA Webinar: Reforming the ESM – Implications for European Financial Stability and Resilience
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ESM Managing Director Klaus Regling will speak at IIEA Webinar: Reforming the ESM – Implications for European Financial Stability and Resilience.
In November 2020, the Eurogroup agreed to proceed with the reform of the European Stability Mechanism (ESM) treaty. This will allow the ESM to act as a backstop to the Single Resolution Fund (SRF) and enhance its role in financial assistance programmes and its crisis prevention and resolution capabilities. In his address to the IIEA, Klaus Regling will examine the implications of these timely developments for financial stability in Europe, and assess their potential to make the euro area more resilient and better prepared for future crises.
In November 2020, the Eurogroup agreed to proceed with the reform of the European Stability Mechanism (ESM) treaty. This will allow the ESM to act as a backstop to the Single Resolution Fund (SRF) and enhance its role in financial assistance programmes and its crisis prevention and resolution capabilities. In his address to the IIEA, Klaus Regling will examine the implications of these timely developments for financial stability in Europe, and assess their potential to make the euro area more resilient and better prepared for future crises.
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