https://www.esm.europa.eu/press-conferences/pierre-gramegna-eurogroup-press-conference-april-2024 Remarks by ESM Managing Director Pierre Gramegna Press conference following the Eurogroup meeting Luxembourg, 11 April 2024 Good evening, everyone. Thanks to the great presentations of Paschal [Donohoe] and Paolo [Gentiloni], I'm only going to speak on one topic where I also intervened, which is...

https://www.esm.europa.eu/articles-and-op-eds/celebrate-eu-safe-assets-have-joined-eu1tn-club Kalin Anev Janse, ESM Chief Financial Officer “Celebrate that EU safe assets have joined the €1tn club” Op-ed published by the Financial Times, 26 March 2024 A significant milestone has been reached this month. There are more than €1tn of European safe assets in the market issued by the European...

https://www.esm.europa.eu/euro-commercial-paper-ecp-programme

https://www.esm.europa.eu/press-conferences/pierre-gramegna-eurogroup-march-2024 Remarks by ESM Managing Director Pierre Gramegna Press conference following the Eurogroup meeting Brussels, 11 March 2024 Dear Paschal, dear Paolo, let me start with the capital markets union by congratulating Paschal and his team and also the president of the EFC [Economic and Financial Committee]...

https://www.esm.europa.eu/press-releases/esm-raises-one-third-2024-funding-after-5-year-bond-sale (Luxembourg) - The European Stability Mechanism (ESM) issued €2 billion of a new 5-year bond on Monday, completing one-third of its 2024 long-term funding programme of €6 billion. The 2.625%, 18 September 2029 maturity bond achieved a strong order book in excess of €10.5 billion, excluding joint...

https://www.esm.europa.eu/videos-and-photos/esmlunchtalk-ep07-michala-marcussen-and-rolf-strauch Economic developments in Europe: what’s happening and what should we expect?Michala Marcussen, Chief Economist at Société Générale, addressed these and other questions in our latest #ESMLunchTalk with ESM Chief Economist Rolf Strauch.Some key takeaways:Supply side shocks need some time to play out...

https://www.esm.europa.eu/speeches/esm-london-event-cfo-perspective-presentation-kalin-anev-janse Kalin Anev Janse, Chief Financial Officer, ESM Presentation: ESM London Event: a CFO perspective Event: London event Location: London, United Kingdom 27 February 2024 (Please check against delivery)

https://www.esm.europa.eu/interviews/pierre-gramegna-interview-bloomberg-tv Interview with Pierre Gramegna, ESM Managing Director Bloomberg TV, 27 February 2024 Interviewer: Tom Mackenzie Bloomberg TV: Let's start with the commercial real estate challenges that we are seeing. We've seen them in the US, we've done some reporting on the linkages between German banks and...

https://www.esm.europa.eu/press-conferences/pierre-gramegna-eurogroup-february-2024 Remarks by ESM Managing Director Pierre Gramegna Press conference following the Eurogroup meeting Ghent, 23 February 2024 I would like to start by echoing what the three previous speakers said in terms of welcoming the hospitality that we have received here in Ghent. And the reason why I kept my...

https://www.esm.europa.eu/articles-and-op-eds/enhancing-competitiveness-europe-old-and-new-challenges Rolf Strauch, ESM Chief Economist “Enhancing Competitiveness in Europe: Old and new challenges” Eurofi Magazine, February 2024 Eurofi Financial Forum, Ghent Improving Europe’s competitiveness has been a long-standing challenge. Since 2010, the euro area’s economic growth underperformed its global...

https://www.esm.europa.eu/press-releases/esm-appoints-pilar-castrillo-head-economic-and-market-analysis (Luxembourg) - The European Stability Mechanism (ESM) has appointed Pilar Castrillo to the position of Head of the Economic and Market Analysis division, part of the Chief Economist department. Ms Castrillo had been serving as Deputy Head of the division since September 2019 and Acting Head since...

https://www.esm.europa.eu/press-releases/esm-introduces-euro-commercial-paper-programme (Luxembourg) - The European Stability Mechanism announces the launch of its Euro Commercial Paper (ECP) programme (the “ESM Commercial Paper Programme”). Today, ESM Managing Director Pierre Gramegna signed the programme documents. The ESM’s mandate requires it to be able to raise funds under all...

https://www.esm.europa.eu/articles-and-op-eds/why-cfos-must-embrace-new-world-work Kalin Anev Janse, ESM Chief Financial Officer “Why CFOs must embrace a new world of work” Op-ed published by the World Economic Forum, 8 February 2024 Against the backdrop of changing markets and monetary policy, chief financial officers (CFOs) emerge as financial captains steering organisations...

https://www.esm.europa.eu/press-releases/efsf-raises-eu4-billion-new-10-year-bond-sale-completes-over-half-annual-funding (Luxembourg) - The European Financial Stability Facility (EFSF) raised €4 billion on Monday with a new 10-year transaction – completing 55% of its €20 billion long-term funding programme for 2024. The EFSF issued the new bond paying a 2.875% coupon and maturing on 13 February 2034. The spread was...

https://www.esm.europa.eu/interviews/pierre-gramegna-interview-het-financieele-dagblad Interview with Pierre Gramegna, ESM Managing Director Published in Het Financieele Dagblad (the Netherlands) 30 January 2024 Interviewer: Marijn Jongsma [Translated from Dutch] Italy is currently blocking a greater role for the European emergency fund ESM. Director Pierre Gramegna does not give up...

https://www.esm.europa.eu/videos-and-photos/esmlunchtalk-ep06-veronika-grimm-and-rolf-strauch The COVID 19 pandemic and the energy crisis have left their marks in Europe and especially in Germany, given its high share of energy-intensive industries. However, the projection of Germany’s potential output points to clear obstacles to growth in the coming decades, irrespective of the current...

https://www.esm.europa.eu/articles-and-op-eds/drei-megatrends-werden-zukunftig-fur-das-wachstum-europa-bestimmend-sein Rolf Strauch, ESM Chef Ökonom Drei Megatrends werden zukünftig für das Wachstum in Europa bestimmend sein Gastbeitrag im Handelsblatt, 22. Januar 2024 Die Rolle der Europäer in der Welt von morgen zu sichern, verlangt Mut und Vision, meint Rolf Strauch. Ein vertiefter, einheitlicher Binnenmarkt und...

https://www.esm.europa.eu/articles-and-op-eds/three-megatrends-will-determine-future-growth-europe Rolf Strauch, ESM Chief Economist “Three megatrends will determine future growth in Europe” Op-ed in Handelsblatt, 22 January 2024 Securing the role of Europeans in the world of tomorrow requires courage and vision, says Rolf Strauch. A deeper, single market and joint projects for sustainable growth...

https://www.esm.europa.eu/interviews/pierre-gramegna-unintervista-al-corriere-della-sera Intervista a Pierre Gramegna, amministratore delegato del MES corriere.it Pubblicato il: 21 gennaio 2024 (realizzata il: 18 gennaio 2024) Intervistatore: Federico Fubini, Francesca Basso Lingua originale: Italiano Corriere della Sera: La presidente del Consiglio Giorgia Meloni dice che il Mes è...

https://www.esm.europa.eu/interviews/pierre-gramegna-interview-corriere-della-sera-italy Interview with Pierre Gramegna, ESM Managing Director corriere.it Published on: 21 January 2024 (conducted: 18 January 2024) Interviewer: Federico Fubini, Francesca Basso Original language: Italian Corriere della Sera: President Giorgia Meloni says that the ESM is obsolete. Is she wrong or is there...