ESM - European Stability Mechanism
Luca Barbazza has a background in project management within the financial services industry, with experience at ESM, Schroders, and Accenture. Luca has also worked as a trainee at the European Parliament and the European Court of Auditors. Luca holds a degree in Business and Economics from LIUC - Università Cattaneo.
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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.