A European IMF The New Face of the Eurozone Bailout Fund

The erstwhile bailout fund known as the European Stability Mechanism may soon be granted far-reaching new powers, including the kinds of functions currently possessed by the IMF. But there's a hitch.
The ESM bailout fund may soon become Europe's answer to the IMF.

The ESM bailout fund may soon become Europe's answer to the IMF.

Foto: DPA
Graphic: The European Stability Mechanism

Graphic: The European Stability Mechanism

Foto: DER SPIEGEL
ESM head Klaus Regling

ESM head Klaus Regling

Foto: Petros Giannakouris/ dpa
Foto: DER SPIEGEL