ESM - European Stability Mechanism
Matjaz Susec is the Head of Policy Strategy and Institutional Relations at ESM, bringing a wealth of experience from roles such as Deputy Head and Senior credit risk expert at ESM, Economist at the European Central Bank, and Analyst at the Bank of Slovenia. Susec holds an MSc in Economics from the University of Essex and a BA in Economics from the University of Ljubljana.
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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.