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Image header Agence Europe
Europe Daily Bulletin No. 10652
Contents Publication in full By article 10 / 34
ECONOMY - FINANCE / (ae) eurogroup

Klaus Regling of Germany to be head of ESM

Brussels, le 10/07/2012 (Agence Europe) - The head of the European Financial Security Facility (EFSF), Germany's Klaus Regling, will shortly become the head of the permanent European Stability Mechanism (ESM) once it has received the necessary ratifications. Introduction of the ESM has been delayed because not enough countries have yet completed the ratification process.

Regling will therefore oversee the transition from the EFSF to the ESM. He had been head of the EFSF since it was set up...

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ECONOMY - FINANCE
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