ESM - European Stability Mechanism
Terri Allington is a Senior Internal Communications Officer at European Stability Mechanism (ESM). Prior to this, Terri held roles at Bank of America, Friends Provident International, Cooper Gay, Allington Marketing, Price Forbes & Partners, Travelers, and RTKL. Terri has a PG Dip in Marketing from CIM, PRINCE2 certification from SPOCE, and a BA in Business Organisation from the University of Hertfordshire.
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.