The president of the European Central Bank (ECB), Christine Lagarde, assured, on Monday 26 September. that the ‘anti-fragmentation’ instrument (TPI) developed in July to avoid any new sovereign debt crisis in the euro area (see EUROPE B12998A13) had not been created with any particular country in mind.
“I don’t have a specific country in mind”, said Ms Lagarde, in response to a question from Caroline Nagtegaal (Renew Europe, Dutch), who asked her during a monetary dialogue in the...