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Andris Vilks Latvian Finance Minister & Klaus Regling, ESM Managing Director
Jacques de Larosière,
Chairman of Eurofi, former IMF Managing Director
Chairman of Eurofi, former IMF Managing Director
Klaus Regling, Managing Director, ESM
“Lessons Learnt From the Crisis” Global Implications of Europe’s Redesign conference, New York, 5 October 2016 (Please check against delivery)
Hospodárske noviny: When Mario Draghi pledged to “do whatever it takes to save the euro” in 2012, it calmed the markets and reduced pressure on highly indebted Eurozone countries. Seemingly, it brought the debt crisis to an end. So why do we still need mechanisms like the ESM?
On 27 September 2016 ESM tapped via auction the 1% Bond of the ESM maturing on 23 September 2025 bringing the total size to €3.99985bn