Is the ESM an EU institution?
No, the ESM is an intergovernmental organisation. In 2012, the then 17 euro area countries signed an international treaty creating the ESM. Currently there are 20 ESM and euro area Member States.
No, the ESM is an intergovernmental organisation. In 2012, the then 17 euro area countries signed an international treaty creating the ESM. Currently there are 20 ESM and euro area Member States.