The Creation of the ESM on the Eurogroup’s Table

21/3/2011

The President of the Eurogroup, Jean-Claude Juncker, in his statement, refers to the essence of the agreement between the Finance Ministers of the eurozone regarding the funding of the European Stability Mechanism, as well as the dynamics of this Mechanism. The loans from the Mechanism will be provided under strict policy implementation conditions (conditionality) in accordance with the decision of the Finance Ministers.

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