In this blog post, Lucas Guttenberg argues that the ESM does not need a new instrument to provide short-term liquidity to member states. Instead, finance ministers should clarify that some of the existing instruments can be used without recourse to a full adjustment programme, i.e. based only on ex-ante eligibility criteria.
Jacques Delors Institut – Berlin, Bertelsmann Stiftung (ed.)
ESM Reform: No need to reinvent the wheel
- Format Type
- Date of publication
- 28/08/2018
- Edition
- 1. edition
- Volume/Format
- 5 pages, PDF
Format
-
PDF
Price
Free of charge
