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Fekter Welcomes Entry into Force of ESM
Politics ♦
Published: October 10, 2012; 18:02 ♦ (Vindobona)
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Austria´s Minister of Finance "No cause for celebration, however, as we are still in the middle of stabilising the Eurozone."
Fekter Welcomes Entry into Force of ESM / Picture: © Vindobona.org
Minister of Finance Dr. Maria Fekter sees the ESM as a key crisis management tool: "Europe has found a mechanism that also enables it to manage problems at the country level."
Entry into force of the ESM lays a foundation for the continued future existence of the Economic and Monetary Union. "We like our currency, the euro. In the future, the European Central Bank will protect…
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