Many investors have never been so confident on Europe, crisis fund chief says
2020-09-06 06:35:02 source:CNBC
September 5, 2020
Europe’s unprecedented stimulus plan has changed how many investors look at the region, the head of the euro zone’s crisis fund told CNBC Saturday.
Investors have often criticized Europe for its lack of coordination and weak institutions, especially since the sovereign debt crisis shook the bloc.
However, according to Klaus Regling, head of the European Stability Mechanism — a crisis fund set up in 2012 — there’s a different opinion in the market now, after the European Union agreed to jointly raise funds to address the coronavirus crisis.
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