
Asmussen and Rehn sketch plans for European body to replace ‘troika'

European Central Bank (ECB) executive board member Jörg Asmussen today told the European Parliament that the ‘troika' – the grouping of the ECB, the European Commission and the IMF – should be replaced by a "fully EU" institution, but only once the financial crisis has passed.
Facing questions from the European Parliament's committee for economic and monetary affairs, Asmussen defended the scale of emergency liquidity assistance (ELA) offered through the Cypriot central bank to Cyprus' failed
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com