ESM - European Stability Mechanism
Sebastien Levy is the Head of Investment & Treasury at European Stability Mechanism. Prior to this, Sebastien held various roles at Banque de France and Reserve Bank of Australia, focusing on reserves management and market economics. Levy holds a Master's degree in Macro-economics from Université Paris Dauphine - PSL and a Master en administration publique from Sciences Po Grenoble.
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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.