European Stability Mechanism head says ECB can’t be lender of last resort for Eurozone govts

Well that blows Renzi’s plans to offload his poop then one assumes

ESM MD Regling speaking at a conference in Lisbon

  • Portugal has convinced the market of its creditworthiness

That last comment is one to please the locals I guess

EURUSD heading lower to test 1.1800-10 support

ESM's Regling says ECB can't be lender of last resort

ESM’s Regling says ECB can’t be lender of last resort

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