ESM - European Stability Mechanism
Maja Simovic is an experienced Lead Senior Officer in Facilities Management with a background in urban planning, technical design, and construction supervision. Maja has held various leadership positions in companies such as ESM, Montenegroprojekt d.o.o., Lustica Development A.D., and US Embassy Podgorica. Maja holds a Bachelor of Science degree in Civil Engineering.
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.