At the Eurogroup meeting in Luxembourg on Monday 9 October, the major financial decision-makers of the Eurozone will discuss changes to the European Stability Mechanism (ESM), although no political agreement is anticipated.
The future of the ESM is entirely bound up with that of Economic and Monetary Union (EMU), which was discussed at the recent informal meeting of the European finance ministers, in Tallinn in mid-September (see EUROPE 11863). With the European Commission to present a...