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 Legal and Compliance Team at the ESM ensures that the organization adheres to legal standards and internal policies. They provide legal counsel on corporate governance, manage procurement contracts, and oversee compliance with regulatory requirements. The team also supports the ESM's institutional relations and communication strategies, ensuring alignment with policy and legal frameworks.

Legal and Compliance Team

Finance And Investment Team

Economics and Risk Management Team

IT and Security

Legal and Compliance Team

About

Team members

Other teams at ESM - European Stability Mechanism

Finance And Investment Team

Economics and Risk Management Team

IT and Security