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Tele interview: Prospects of European Stability Mechanism

07-27-2012 01:53 BJT

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European Central Bank President, Mario Draghi, has sent a strong signal to the market, saying the ECB will do whatever it takes to protect the eurozone from collapse. Full story >>

For more on the European debt crisis, we are joined on the line by Fraser Cameron, Director of the EU-Asia Centre in Brussels.

Q1. European Central Bank President Mario Draghi has pledged to do whatever necessary to protect the eurozone from collapse. What might that be?

Q2. There were also comments by ECB policy makers on reasons to boost the firepower of the eurozone’s new bailout fund. What are the prospects of the so-called European Stability Mechanism? Will it help to solve the debt crisis?


Editor:Zhang Dan |Source:

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