ESM - European Stability Mechanism
David Blazquez Vila is the Head of Business Strategy and Project Management at ESM - European Stability Mechanism. Prior to this, at BBVA, David served as Senior Manager IT Corporate & Investment Banking and Business Partner at BBVA Asset Management. David also held various consultant roles at Net2s, working with companies like Pioneer Investments, HBOS, Banco Santander, and Banesto. David holds a degree in Computer Engineering, an MBA specialized in International Financial Markets, and completed the Emerging Leaders Programme in Strategy and Leadership at The Wharton School.
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ESM - European Stability Mechanism
The ESM is the crisis resolution mechanism for euro area countries. The ESM issues debt instruments in order to finance loans and other forms of financial assistance to euro area Member States. The decision leading to the creation of the ESM was taken by the European Council in December 2010. The euro area Member States signed an intergovernmental treaty establishing the ESM on 2 February 2012. The ESM was inaugurated on 8 October 2012 and is based in Luxembourg.