https://www.esm.europa.eu/press-releases/esm-appoints-joao-sousa-giao-general-counsel-and-management-board-member Luxembourg – The European Stability Mechanism (ESM) has appointed João Gião as its new General Counsel who will also join the Management Board. The appointment is effective as of 1 April 2024 but he will assume the new role as Acting General Counsel as of 1 January 2024. “I am very confident that...

https://www.esm.europa.eu/speeches/developing-safe-asset-presentation-kalin-anev-janse Kalin Anev Janse, Chief Financial Officer, ESMPresentation: Developing a safe assetEvent: CEPS/Intereconomics Annual Conference: The Future of EU Public FinancesLocation: CEPS, Place du Congres, Brussels, Belgium13 November 2023 1200-1300 CET(Please check against delivery)

https://www.esm.europa.eu/speeches/global-trends-shaping-europes-future-presentation-rolf-strauch Rolf Strauch, Chief Economist and Management Board Member of the ESM, delivered a presentation at Sciences Po.

https://www.esm.europa.eu/press-conferences/pierre-gramegna-eurogroup-november-2023 Remarks by ESM Managing Director Pierre Gramegnafollowing the Eurogroup meeting8 November 2023 I'll be briefly addressing three topics: macroeconomic developments first, by confirming that the ESM shares the analysis of the Commission that was just described; mainly with two things: that the euro...

https://www.esm.europa.eu/speeches/view-europe-enhancing-global-economic-and-financial-resilience Keynote Speech Plus Slides PresentationBy Kalin Anev Janse, chief financial officer, European Stability Mechanism, LuxembourgAudience: Financial Street Forum, Beijing, China1330 CET, 8 November 2023 (Please check against delivery)SpeechDear Ladies and Gentlemen,It is a pleasure to join your great...

https://www.esm.europa.eu/speeches/global-economic-outlook-banking-sector-responding-effectively Wim Van Aken, ESM Mission Chief to Cyprus and Senior Advisor to the ESM Chief Economist Global Economic Outlook: Is the Banking Sector Responding Effectively? Opportunities and Challenges19th Annual Cyprus Summit Nicosia, 7 November 2023(Please check against delivery) Dear Ladies and Gentlemen, good...

https://www.esm.europa.eu/interviews/pierre-gramegna-interview-capitalgr-greece Interview with Pierre Gramegna, ESM Managing DirectorPublished by Capital.gr (Greece)26 October 2023Interviewer: Spyros DimitrelisCapital.gr: Greece recently regained investment-grade status in its credit rating from Standard & Poor's after 13 years. Could you explain the significance of this for...

https://www.esm.europa.eu/speeches/role-european-stability-mechanism-emu-architecture-presentation-marion-salines Marion Salines, ESM Deputy Head of Policy Strategy and Institutional Relations, gave a keynote lecture at the College of Europe in Bruges. Read her presentation: The role of the European Stability Mechanism in the EMU architecture

https://www.esm.europa.eu/press-conferences/pierre-gramegna-eurogroup-october-2023 Remarks by ESM Managing Director Pierre Gramegnafollowing the Eurogroup meeting16 October 2023Good evening. Today, we had a good meeting with the Secretary of the US Treasury, Janet Yellen, and an interesting Eurogroup meeting. It was a good opportunity to exchange views on global economic...

https://www.esm.europa.eu/interviews/pierre-gramegna-interview-cnbc Transcript of interview with ESM Managing Director Pierre GramegnaCNBC, 12 October 2023Interviewer: Silvia AmaroCNBC: I'd like to start our conversation by asking you about what's happening with the ESM reform. This has been such a debate within the Eurozone and yet this has not yet been approved...

https://www.esm.europa.eu/videos-and-photos/8th-high-level-rfa-dialogue-picture-gallery The eighth High-level Regional Financing Arrangements (RFAs) Dialogue was held on 10 October 2023 in Marrakesh. Amidst a precarious global economic recovery, the discussion focused on how crisis fighters can contribute to macroeconomic and financial stability in a more shock-prone world and the role...

https://www.esm.europa.eu/press-releases/joint-imf-rfas-press-release-8th-high-level-rfa-dialogue The eighth High-level Regional Financing Arrangements (RFAs) Dialogue was held on 10 October 2023 in Marrakesh. Amidst a precarious global economic recovery, the discussion focused on how crisis fighters can contribute to macroeconomic and financial stability in a more shock-prone world and the role...

https://www.esm.europa.eu/speeches/journey-euro-and-resilient-euro-area Pierre Gramegna, ESM Managing Director Bridge Forum Dialogue Conference Keynote speech Luxembourg, 4 October 2023 The journey to the euro and a resilient euro area (Please check against delivery) Royal Highnesses, Excellencies, Ladies and gentlemen, Introduction As a convinced European, it is a...

https://www.esm.europa.eu/interviews/rolf-strauch-interview-bloomberg-news Interview with Rolf Strauch, ESM Chief EconomistPublished in Bloomberg News05 October 2023Interviewer: William HorobinConducted in English on 04 October 2023On economic outlook:“If there’s one lesson to be learned at this stage it’s that it’s not advisable to believe that a favourable relationship...

https://www.esm.europa.eu/press-releases/efsf-completes-2023-funding-eu4-billion-dual-tranche-bond-sale (Luxembourg) - The European Financial Stability Facility (EFSF) raised €4 billion on Wednesday in a dual-tranche transaction and completed its €20 billion funding programme for 2023. The EFSF raised €2.5 billion in a new long 5-year 3.50% bond, maturing on 11 April 2029. The spread was fixed at mid...

https://www.esm.europa.eu/press-conferences/pierre-gramegna-eurogroup-press-conference-september-2023 Remarks by ESM Managing Director Pierre GramegnaPress conference after Eurogroup meetingSantiago de Compostela, 15 September 2023 I would like to start in Spanish: Buenos dias a todos. I would like to thank Nadia Calviño and her whole team for the warm reception. Yesterday, we had the privilege to...

https://www.esm.europa.eu/articles-and-op-eds/fiscal-policy-and-long-term-growth-challenges-new-normal Rolf Strauch, ESM Chief Economist“Fiscal policy and long-term growth: challenges in a new normal”Eurofi Magazine, September 2023Eurofi Financial Forum, Santiago de Compostela Ample fiscal support at the national and European levels and accommodative monetary policy helped the euro area overcome the...

https://www.esm.europa.eu/press-releases/esm-attracts-record-order-book-dollar-bond-raises-3-billion-3-year-maturity THIS ANNOUNCEMENT RELATES TO AN OFFERING OF SECURITIES OFFERED AND SOLD PURSUANT TO RULE 144A AND/OR REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND IS ONLY DIRECTED AT QUALIFIED INSTITUTIONAL BUYERS UNDER RULE 144A OR PERSONS OTHER THAN U.S. PERSONS (AS...

https://www.esm.europa.eu/press-releases/efsf-raises-eu3-billion-dual-tranche-bond-sale (Luxembourg) - The European Financial Stability Facility (EFSF) raised €3 billion today in a dual-tranche transaction. It raised €2 billion in a new 15-year 3.375% bond, maturing on 30 August 2038. The spread was fixed at mid-swaps plus 28 basis points, for a reoffer yield of 3.455%. The order book...

https://www.esm.europa.eu/interviews/interview-de-pierre-gramegna-avec-france-24 Les points saillants de l’interview de Pierre Gramegna, Directeur général du Mécanisme européen de stabilité, avec Ali Laïdi de France 24 Date de diffusion: 28 juillet 2023 Sur la création du Mécanisme européen de stabilité Le Fonds monétaire international a été créé à la fin de la Deuxième Guerre...