European Stability Mechanism

Herbert Barth, former Special Advisor at the European Stability Mechanism and Head of Treasury and Funding at the European Union, joins NowCM

Retrieved on: 
Thursday, October 19, 2023
Knowledge, European Stability Mechanism, ESM, Treasury, ECB, ESG, European Commission, DCM, Civil service commission, Head, CFO, Senior advisor, Automation, Security (finance), European

In 2014 he moved to the European Stability Mechanism (ESM) where he was a Senior Advisor mainly  on issues of debt management, innovation and ESG.

Key Points: 
  • In 2014 he moved to the European Stability Mechanism (ESM) where he was a Senior Advisor mainly  on issues of debt management, innovation and ESG.
  • As Head of Treasury from 2004 to 2010, Herbert led the funding operations of the European Union until 2014, when he joined the European Stability Mechanism (ESM).
  • At the ESM and until the end of 2022, Herbert was Special Advisor to the CFO.
  • Herbert comments: "I am excited to assist NowCM in delivering on its strategy to provide a digital native financial market infrastructure.

Herbert Barth, former Special Advisor at the European Stability Mechanism and Head of Treasury and Funding at the European Union, joins NowCM

Retrieved on: 
Thursday, October 19, 2023
Knowledge, European Stability Mechanism, ESM, Treasury, ECB, ESG, European Commission, DCM, Civil service commission, Head, CFO, Senior advisor, Automation, Security (finance), European

In 2014 he moved to the European Stability Mechanism (ESM) where he was a Senior Advisor mainly  on issues of debt management, innovation and ESG.

Key Points: 
  • In 2014 he moved to the European Stability Mechanism (ESM) where he was a Senior Advisor mainly  on issues of debt management, innovation and ESG.
  • As Head of Treasury from 2004 to 2010, Herbert led the funding operations of the European Union until 2014, when he joined the European Stability Mechanism (ESM).
  • At the ESM and until the end of 2022, Herbert was Special Advisor to the CFO.
  • Herbert comments: "I am excited to assist NowCM in delivering on its strategy to provide a digital native financial market infrastructure.

KBRA Europe Releases Day 2 Recap of the Global ABS 2022 Conference

Retrieved on: 
Thursday, June 16, 2022
Banking, Professional Services, Insurance, Finance, European, KBRA, European Stability Mechanism, Bank, RMBS, ABS, Time from NPL (MSF), Match of the Day 2, Renewable energy, Telescopic sight

KBRA Europe (KBRA) releases a Day 2 recap of the IMN Global ABS 2022 conference.

Key Points: 
  • KBRA Europe (KBRA) releases a Day 2 recap of the IMN Global ABS 2022 conference.
  • Day 2 featured panels across a range of topics including the current state of various ABS markets, from NPLs to RMBS to Solar ABS, as well as a discussion on public versus private markets.
  • The day opened with a securitisation retrospective from several key market participants, including Steve Gandy and Richard Hopkin, two industry veterans who recently retired.
  • Click here to view a quick recap of some of todays panel topics.

Martin Bruncko joins Binance as Executive Vice President for Europe

Retrieved on: 
Tuesday, November 2, 2021
World Economic Forum, European Stability Mechanism, Compliance, Research, Economy, AeroMobil s.r.o. AeroMobil, Harvard Kennedy School, Stasis, Stanford University, Government, Freedom, EFSF, Growth, European Commissioner, Economic and Financial Committee (European Union), Solution, GA Drilling, Education, Cryptocurrency, Renewable energy

SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.

Key Points: 
  • SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.
  • The incredible community that Binance has managed to build over the years, its cutting edge technologies, and the shift toward working ever more closely with regulators give Binance almost limitless opportunities.
  • I look forward to realizing this potential in Europe and beyond," said Mr. Bruncko.
  • Martin has been a founder, executive, and board member in several European deep tech and fintech companies, including AeroMobil, Stasis, GA Drilling, and Neulogy (acquired by Civitta).

Martin Bruncko joins Binance as Executive Vice President for Europe

Retrieved on: 
Tuesday, November 2, 2021
World Economic Forum, European Stability Mechanism, Compliance, Research, Economy, AeroMobil s.r.o. AeroMobil, Harvard Kennedy School, Stasis, Stanford University, Government, Freedom, EFSF, Growth, Multimedia, European Commissioner, Economic and Financial Committee (European Union), Solution, GA Drilling, Education, Cryptocurrency, Renewable energy

SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.

Key Points: 
  • SINGAPORE, Nov. 2, 2021 /PRNewswire/ --Binance, the world's leading cryptocurrency exchange, and blockchain technology infrastructure provider, today announced the appointment of Martin Bruncko as Executive Vice President for Europe.
  • The incredible community that Binance has managed to build over the years, its cutting edge technologies, and the shift toward working ever more closely with regulators give Binance almost limitless opportunities.
  • I look forward to realizing this potential in Europe and beyond," said Mr. Bruncko.
  • Martin has been a founder, executive, and board member in several European deep tech and fintech companies, including AeroMobil, Stasis, GA Drilling, and Neulogy (acquired by Civitta).

Statement by the Eurogroup President, Paschal Donohoe, on the signature of ESM Treaty and the Single Resolution Fund Amending Agreements

Retrieved on: 
Thursday, January 28, 2021
European Union, Eurozone, Europe, Economy of the European Union, Multi-speed Europe, European Stability Mechanism, Single Resolution Mechanism, Eurogroup, Ratification, Treaty, Treaties of the European Union, Economic and Monetary Union of the European Union

We also demonstrate our unity of purpose to deliver progress on important issues for the benefit of all our citizens.

Key Points: 
  • We also demonstrate our unity of purpose to deliver progress on important issues for the benefit of all our citizens.
  • Representatives from the Member States have signed the amending agreements to the Treaty on the European Stability Mechanism and the Single Resolution Fund Intergovernmental Agreement[1].
  • This signature launches the ratification procedures in the Member States, in accordance with their national constitutional requirements.
  • On 30 November 2020, the Eurogroup reached a political agreement in relation to the ESM reform package.

Remarks by Paschal Donohoe following the Eurogroup video conference of 30 November 2020

Retrieved on: 
Tuesday, December 1, 2020
European Union, Eurozone, Economy of the European Union, Multi-speed Europe, International finance institutions, Europe, Eurogroup, International Monetary Fund, Kristalina Georgieva, Georgieva, Jeroen Dijsselbloem, European Stability Mechanism

We will now proceed to the signature of the Treaty in January and launch the procedures for ratification at national level.

Key Points: 
  • We will now proceed to the signature of the Treaty in January and launch the procedures for ratification at national level.
  • The Treaty reform also establishes a common backstop to the Single Resolution Fund in the form of a credit line from the ESM.
  • I want to say a word about the regular Eurogroup agenda where we welcomed the managing director of the IMF, Kristalina Georgieva.
  • We have now released a statement based on the commendable hard work and good results for Greece and for the euro area.

ECB appoints Wolfgang Proissl as Director General Communications

Retrieved on: 
Thursday, October 8, 2020
Eurozone, European Union, European Central Bank, European Stability Mechanism, De Graeff, Directorate-General

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    ECB appoints Wolfgang Proissl as Director General Communications

    7 October 2020

    The Executive Board of the European Central Bank (ECB) has appointed Wolfgang Proissl to the position of Director General Communications (DG-C) as of 1 January 2021.

  • Mr Proissl, 54, is currently Head of Communication and Chief Spokesperson at the European Stability Mechanism (ESM), a position he has held since October 2012.
  • Mr Proissl will replace Christine Graeff, who left the ECB on 30 September 2020 to take up a position in the private sector.
  • Until 31 December 2020, Thierry Bracke and Conny Lotze, Deputy Directors General Communications, will lead the Directorate General Communications.

ECB appoints Wolfgang Proissl as Director General Communications

Retrieved on: 
Wednesday, October 7, 2020
Eurozone, European Union, European Central Bank, European Stability Mechanism, De Graeff, Directorate-General

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    ECB appoints Wolfgang Proissl as Director General Communications

    7 October 2020

    The Executive Board of the European Central Bank (ECB) has appointed Wolfgang Proissl to the position of Director General Communications (DG-C) as of 1 January 2021.

  • Mr Proissl, 54, is currently Head of Communication and Chief Spokesperson at the European Stability Mechanism (ESM), a position he has held since October 2012.
  • Mr Proissl will replace Christine Graeff, who left the ECB on 30 September 2020 to take up a position in the private sector.
  • Until 31 December 2020, Thierry Bracke and Conny Lotze, Deputy Directors General Communications, will lead the Directorate General Communications.

Fabio Panetta: Interview with La Repubblica

Retrieved on: 
Tuesday, July 28, 2020
European Union, Multi-speed Europe, Decades, Eurozone, Economy of Europe, Euro, Economy of the European Union, European Stability Mechanism, European debt crisis

INTERVIEWInterview with La RepubblicaInterview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 27 July 2020 The approval of the recovery fund was a necessary decision to meet the economic challenges facing Europe.

Key Points: 


INTERVIEW

Interview with La Repubblica

    Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 27 July 2020

      • The approval of the recovery fund was a necessary decision to meet the economic challenges facing Europe.
      • Whether the decisions taken in recent weeks really mark a turning point will depend on the economic policies adopted by individual countries.
      • Now the country must show its capable of using that European funding to address the structural weaknesses in its economy.
      • We did all win, because all of our countries can benefit from a common response that fosters the recovery of the European economy.
      • Export-oriented countries like Germany or the Netherlands are aware of the benefits of the single currency.
      • If a shock arises that is not caused by imprudent policies, its in the common interest to help kick-start the European economy.
      • Even before the pandemic, it was clear that multilateralism was in crisis as a result of policies adopted outside the EU.
      • The tendency to base international relations on bilateral relationships benefits those regions that are economically strongest.
      • European integration can ensure that the voices of countries that on their own would have limited relevance in a global context, are heard.
      • But we need to build an economic area in which all countries can proceed at a similar pace.
      • Some people fear that Germany will emerge stronger from the crisis, and Europe more unequal.
      • Do you still see this as a risk, now that agreement has been reached on the recovery fund?
      • Now we need an adequate response from the economically weaker countries that have been hit hardest by the crisis.
      • It marks progress towards a genuine capital markets union and will make the euro area more attractive to international investors.
      • The ESM and the European Commission have published all the information on the conditions offered by the ESM on their websites.
      • Banks are starting from a better capital position than in 2008, when the financial crisis broke out.