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ECB Policymakers Will Ask Lagarde to Be Tough on Fragmentation

  • Central Bank to announce end of quantitative easing this week
  • Some governors want stronger language to reassure markets
Christine Lagarde

Christine Lagarde

Photographer: Alex Kraus/Bloomberg

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European Central Bank policymakers will this week ask President Christine Lagarde to use stronger language to signal that fragmentation won’t be allowed to happen and the borrowing costs of more vulnerable countries like Italy and Spain will be contained, according to people familiar with the matter.