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Exclusive: Klaus Regling, ESM managing diector on RMB business in Europe

Reporter: Guan Xin 丨 CCTV.com

09-25-2014 00:36 BJT

The European Stability Mechanism said Wednesday that it will borrow 2 billion euros less in the fourth quarter than it had originally planned because Spain paid off its loan earlier than expected. Spain’s repayment marks the first time that a eurozone country that benefited from financial assistance has repaid its debt ahead of time.

CCTV reporter Guan Xin sat down with Klaus Regling, managing director of the ESM, to talk about the progress made by member states receiving bailout loans, and his outlook on Eurozone’s economic recovery.

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