New column - Out of the Box: A new ESM for a new crisis
By Chief Financial Officer Kalin Anev Janse
The Covid-19 pandemic is a crisis measured in the tragic human cost of fatalities as well as an expected sharp global economic recession in 2020. Investors are understandably keen to know how the ESM, as a crisis resolution body, can help Europe overcome the pandemic.
At a Global Investor Call attended by hundreds of investors across the three major financial time zones last week, we received many questions about how specifically we will raise funds if a euro area country applies for help to finance mounting healthcare-related costs.
When I wrote my last blog on 28 April, Funding health and stability, the European Stability Mechanism (ESM) had just been confirmed as part of Europe’s response to fight the crisis caused by the coronavirus outbreak.
Read the column here
Check out our other blog posts and columns here
By Chief Financial Officer Kalin Anev Janse
The Covid-19 pandemic is a crisis measured in the tragic human cost of fatalities as well as an expected sharp global economic recession in 2020. Investors are understandably keen to know how the ESM, as a crisis resolution body, can help Europe overcome the pandemic.
At a Global Investor Call attended by hundreds of investors across the three major financial time zones last week, we received many questions about how specifically we will raise funds if a euro area country applies for help to finance mounting healthcare-related costs.
When I wrote my last blog on 28 April, Funding health and stability, the European Stability Mechanism (ESM) had just been confirmed as part of Europe’s response to fight the crisis caused by the coronavirus outbreak.
Read the column here
Check out our other blog posts and columns here
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