Meeting in their capacity as administrators of the European Stability Mechanism (ESM), the finance ministers of the eurozone countries took note on Thursday 20 June in Luxembourg of the internal work in progress on revising the remit of the Eurozone’s permanent rescue fund.
“The goal of this review is to assess if the financial instruments of the ESM are fit for purpose in a challenging time”, explained ESM Director Pierre Gramegna.
“The Board of Governors discussed the...