Business · Economy · 12 hrs ago

ECB contender Klaas Knot says he would act in a debt crisis

ECB contender Klaas Knot says he would act in a debt crisis

Klaas Knot is a contender for a role at the European Central Bank.

He said he would not hesitate to act in a debt crisis.

The statement describes what he says he would do if such a crisis arose; it does not say that one is under way.

The European Central Bank is the institution at the center of his potential role.

His comments indicate a readiness to respond to a debt crisis.

The statement gives no details about what action he might take or what happens next.

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Klaas KnotECB contender
won’t hesitate
via FT