Jost, Thomas; Seitz, Franz - 2021
Fund (IMF), was supposed to support the member states of the euro area which had been hit hard by a sovereign debt crisis …, the danger of a renewed crisis in the euro area was growing. The European Stability Mechanism (ESM) together with the … December 2018. It shall play the role of a European Monetary Fund in the event of a crisis. The IMF, on the other side, will no …