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Europe Daily Bulletin No. 11809

16 June 2017
ECONOMY - FINANCE - BUSINESS / Eurozone
Financial firewall works but could be better, say experts
Luxembourg, 15/06/2017 (Agence Europe)

The creation of the bailout fund has allowed the eurozone to preserve financial stability and the five countries that have benefited from it to improve their macro-economic situation and, with the exception of Greece, to finance themselves again on the financial markets, the Tumpel-Gugerell group of experts concluded in a report on the European Stability Mechanism published on Thursday 15 June.

The firebreak has worked and has been an important success, said Gertrude Tumpel-Gugerell, who was...

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