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ECB member, De Koss: I call for a financial mechanism at the euro zone level

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  2. ECB member, De Koss: I call for a financial mechanism at the euro zone level

06 Nov 2019

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ECB member, De Koss: I call for a financial mechanism at the euro zone level

ECB member European Central Bank member Pablo Hernandez de Cos said on Tuesday that the euro zone should introduce a common mechanism for financial stability to counter the slowing economy in the euro area, rather than demanding Germany and the Netherlands to take expansionary financial measures.

ECB member

He stressed that what we need is financial stability at the level of the euro area, and stressed that this would be much better than trying to ask the Netherlands and Germany for further financial expansion.

De Koss also urged progress towards a union of capital markets by completing the banking union and agreeing on a European deposit insurance scheme.

How do I succeed where others have failed?

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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