Economics

Lagarde Redoubles Push on New ECB Tool to Reach Deal This Week

  • President seeks accord as officials still working on features
  • Conditions for benefiting countries are one sticking point
ECB’s Anti-Fragmentation Tool: What It Is, How It Works
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European Central Bank President Christine Lagarde is redoubling efforts to forge agreement on a still-incomplete new crisis tool, people familiar with the matter said.