ESM - European Stability Mechanism
Daniele Termite is a Senior Risk Officer at ESM - European Stability Mechanism. Prior to this, Daniele worked as a Risk Officer at the European Financial Stability Facility. With experience in risk management at Banca Generali and Royal Bank of Scotland Business, Daniele also has a background in financial analysis and consulting at companies such as Temenos and GE Capital. Daniele holds a degree in Economics, Finance and Economics from Università Bocconi.
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ESM - European Stability Mechanism
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.