ECB Committed to Act on Fragmentation Risks, Governing Council Member Centeno Says
KONTAN.CO.ID - LISBON.The European Central Bank is very determined and committed to act against the risk of fragmentation and is designing instruments as a deterrent to pressure on debt spreads. Governing council member Mario Centeno said on Monday.
Speaking at an event hosted by CNN Portugal, Centeno said such tools would only be used in case of need, "or, if well designed, could hopefully never be used at all".
