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.

Government

ESM - European Stability Mechanism

Pierre Gramegna

Francis Dassyras

Cédric Crelo

Loïc Morand

Laure Salducci

Nicoletta Silvia Mascher

Andreas Jüttner

Gvidas Dominauskas

David Wallace

Vasco Campilho

Adam Ensor

The Economics and Risk Management Team at the European Stability Mechanism (ESM) is responsible for analyzing and managing economic and financial risks related to the stability of euro area countries. This involves monitoring economic developments, assessing financial risks, and providing strategic advice to ensure effective crisis resolution and the sound functioning of the ESM's financial assistance programs. The team supports decision-making by conducting rigorous economic research and risk assessments.

Economics and Risk Management Team

Finance And Investment Team

IT and Security

Economics and Risk Management Team

About

Team members

Other teams at ESM - European Stability Mechanism

Finance And Investment Team

IT and Security