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Rolf Strauch, ESM Chief Economist
“Strengthening the euro area: benefits for global financial stability” Impulse statement in panel discussion on “Global Financial Stability: Insights From Europe”
Delphi Economic Forum IV: The challenge of inclusive growth
Delphi, 2 March 2019
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Good evening,
Luxembourg – The European Stability Mechanism (ESM) on Monday raised €2 billion by issuing a new 10-year bond, marking a successful start to its funding activities in 2019.
After the economic crisis of 2008, private-sector spending took nearly a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach whose proven success is too rarely acknowledged. Harking back to New Deal regulatory agencies, Listokin proposes that we take seriously law’s ability to function as a macroeconomic tool, capable of stimulating demand when needed and relieving demand when it threatens to overheat economies.
Rolf Strauch, ESM Chief Economist
“How do we want the European banking sector to look in 10 years?” EBI Global Annual Conference on Banking Regulation Frankfurt, 21 February 2019
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Dear all,
Joaquín Almunia was appointed today as high-level independent evaluator of the financial assistance to Greece. He was appointed upon nomination by the Chairman of the ESM Board of Governors, Mário Centeno, in cooperation with the ESM Managing Director, Klaus Regling, and in consultation with the 19 ESM Members. Mr. Almunia is a former Vice President of the European Commission.