Briefing - Exchange of Views with ESM Managing Director Pierre Gramegna - 17-06-2026
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Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM) is participating in the first exchange of views with the ECON Committee in the 10th parliamentary term, based on the Memorandum of Cooperation between the ESM and European ParliamenBriefing - Exchange of Views with ESM Managing Director Pierre Gramegna - 17-06-2026
Pierre Gramegna, Managing Director of the European Stability Mechanism (ESM) is participating in the first exchange of views with the ECON Committee in the 10th parliamentary term, based on the Memorandum of Cooperation between the ESM and European Parliament signed in 2024. This briefing provides an overview of the ESM setup in 2012, its key features, instruments, and capital structure. It also considers the ESM Annual Report 2025 and discusses the main findings of the joint discussion paper by the ESM and EIOPA on the macroeconomic, fiscal and financial stability implications of climate-related natural catastrophes. Lastly, it reviews various proposals for euro area safe assets, which are becoming increasingly prominent in the debate, as well as the limited role that the ESM can play in that regard and in financing defence investments, bearing in mind that the revised ESM Treaty has not been ratified by all euro area Member States. Source : © European Union, 2026 - EP Read more














