By David Barwick – FRANKFURT (Econostream) – European Central Bank insiders show great reluctance even to consider a priori the use of the transmission protection instrument (TPI) for the benefit of France, but seem disinclined to tolerate fragmentation, were it to really come to it, based on the views of various Eurosystem insiders who spoke to Econostream recently on the subject.
Xtenit Test - ECB Insight: While Ultimately Unlikely to Give Fragmentation a Pass, Insiders Hate to Even Think About TPI and France
21 July 2025