The ESM is the crisis resolution mechanism for euro area countries. Follow us here for EFSF tweets as well. #ESMeuro
Luxembourg
Joined January 2012
- Tweets10.2K
- Following521
- Followers12.9K
- Likes1.3K
ESM raised €1 billion today with a long 3-year bond transaction.
This is the ESM’s first-ever digitally native bond and will be settled through the Eurosystem’s Pontes platform.
Press release: esm.europa.eu/press-releases…
#ESMeuro
𝗘𝗦𝗠 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝘀𝘂𝗽𝗿𝗮𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗶𝘀𝘀𝘂𝗲𝗿 𝘁𝗼 𝘀𝗲𝘁𝘁𝗹𝗲 𝗗𝗟𝗧-𝗯𝗮𝘀𝗲𝗱 𝗯𝗼𝗻𝗱 𝗶𝘀𝘀𝘂𝗮𝗻𝗰𝗲 𝗼𝗻 𝗘𝘂𝗿𝗼𝘀𝘆𝘀𝘁𝗲𝗺’𝘀 𝗣𝗼𝗻𝘁𝗲𝘀 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺
Together with Deutsche Bundesbank and Clearstream, the ESM launched the first digital issuance by a European supranational issuer to be settled through the Eurosystem’s Pontes platform.
The transaction marks a milestone in the transition of Europe's wholesale digital financial infrastructure from pilot projects to live deployment.
The issuance combines digital technology with the existing legal framework, infrastructure, and operating standards of European capital markets, highlighting the potential of digital innovation within Europe's financial ecosystem.
ESM Managing Director @pierregramegna highlighted: “This benchmark bond issuance by the ESM marks an important milestone for Europe’s digital financial markets. The ESM’s mandate is to safeguard the financial stability of the euro area. The ESM supports innovation where it strengthens trust, efficiency, and resilience. Pontes embodies Europe’s capacity to develop trusted and innovative payment infrastructure, positioning Europe at the forefront of digital finance. This will strengthen the international role of the euro and deepen Europe’s capital markets.”
🔗 Read the full press release: esm.europa.eu/press-releases…
#ESMeuro
ESM retweeted
@ESM_Press is the first European supranational issuer using the Pontes platform to settle a digital bond. Congratulations to those who have made this happen. And a special thank you to the @ecb, in particular to Piero Cipollone, for the leadership in bringing Pontes to fruition.
𝗘𝗦𝗠 𝗶𝘀 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝘀𝘂𝗽𝗿𝗮𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗶𝘀𝘀𝘂𝗲𝗿 𝘁𝗼 𝘀𝗲𝘁𝘁𝗹𝗲 𝗗𝗟𝗧-𝗯𝗮𝘀𝗲𝗱 𝗯𝗼𝗻𝗱 𝗶𝘀𝘀𝘂𝗮𝗻𝗰𝗲 𝗼𝗻 𝗘𝘂𝗿𝗼𝘀𝘆𝘀𝘁𝗲𝗺’𝘀 𝗣𝗼𝗻𝘁𝗲𝘀 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺
Together with Deutsche Bundesbank and Clearstream, the ESM launched the first digital issuance by a European supranational issuer to be settled through the Eurosystem’s Pontes platform.
The transaction marks a milestone in the transition of Europe's wholesale digital financial infrastructure from pilot projects to live deployment.
The issuance combines digital technology with the existing legal framework, infrastructure, and operating standards of European capital markets, highlighting the potential of digital innovation within Europe's financial ecosystem.
ESM Managing Director Pierre Gramegna highlighted: “This benchmark bond issuance by the ESM marks an important milestone for Europe’s digital financial markets. The ESM’s mandate is to safeguard the financial stability of the euro area. The ESM supports innovation where it strengthens trust, efficiency, and resilience. Pontes embodies Europe’s capacity to develop trusted and innovative payment infrastructure, positioning Europe at the forefront of digital finance. This will strengthen the international role of the euro and deepen Europe’s capital markets.”
🔗 Read the full press release: esm.europa.eu/press-releases…
#ESMeuro
There's a new version of this post
ESM retweeted
Excellent panel on the role of financial safety nets in a world with increased vulnerabilities and risks . Many thanks to panelists and moderator . Main takeaways below . PG
@SabineMauderer @JustinMuzinich @edglez22
@ESM_Press
Speaking on the panel “Building the next global financial safety net” at the 2026 @Bgdialogue, ESM Managing Director @pierregramegna underlined the need to strengthen financial resilience as new technologies and more price-sensitive participants reshape the financial system.
He highlighted the opportunities offered by non-bank financial institutions, digital finance and artificial intelligence, while warning that emerging vulnerabilities can amplify liquidity pressures during periods of stress. He stressed that Europe must match its regulatory efforts with the ambition to develop and deploy new technologies.
He also emphasised that governments cannot absorb every economic shock or compensate for every financial loss. Public support should be targeted, tailored and temporary, protecting those most in need without weakening incentives to adjust. Therefore rebuilding fiscal buffers is key for countries to respond to future crises.
Turning to international cooperation, he highlighted the need to strengthen the cooperation between the IMF and regional financing arrangements further, as an important part of the global financial safety net.
Finally, he reaffirmed the ESM’s role in helping euro area countries prevent and overcome crises.
#ESMeuro #BGD2026
On the margins of the @Bgdialogue, ESM Managing Director @pierregramegna met with Stefan Wintels, CEO of @KfW.
They discussed the importance of investing in technology and innovation to boost productivity and enhance Europe's competitiveness.
#ESMeuro #BGD2026
Speaking on the panel “Building the next global financial safety net” at the 2026 @Bgdialogue, ESM Managing Director @pierregramegna underlined the need to strengthen financial resilience as new technologies and more price-sensitive participants reshape the financial system.
He highlighted the opportunities offered by non-bank financial institutions, digital finance and artificial intelligence, while warning that emerging vulnerabilities can amplify liquidity pressures during periods of stress. He stressed that Europe must match its regulatory efforts with the ambition to develop and deploy new technologies.
He also emphasised that governments cannot absorb every economic shock or compensate for every financial loss. Public support should be targeted, tailored and temporary, protecting those most in need without weakening incentives to adjust. Therefore rebuilding fiscal buffers is key for countries to respond to future crises.
Turning to international cooperation, he highlighted the need to strengthen the cooperation between the IMF and regional financing arrangements further, as an important part of the global financial safety net.
Finally, he reaffirmed the ESM’s role in helping euro area countries prevent and overcome crises.
#ESMeuro #BGD2026
ESM retweeted
Glad to meet Lars-Hendrik Röller , founder of the Berlin Global Dialog and to stand on a panel dedicated to financial stability . Given the quality of speakers and the excellent organization , I look forward to coming back next year . PG @ESM_Press @Bgdialogue
At the 2026 Berlin Global Dialogue, ESM Managing Director @pierregramegna was pleased to meet Lars-Hendrik Röller, Founder and Chair of this annual international summit hosted at ESMT Berlin and aimed at uniting global business and political leaders.
#ESMeuro
At the 2026 Berlin Global Dialogue, ESM Managing Director @pierregramegna was pleased to meet Lars-Hendrik Röller, Founder and Chair of this annual international summit hosted at ESMT Berlin and aimed at uniting global business and political leaders.
#ESMeuro
𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝗼𝗳𝗳𝗲𝗿𝘀 𝗮𝗻 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝘁𝗼 𝗯𝗿𝗶𝗻𝗴 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗰𝗹𝗼𝘀𝗲𝗿 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿.
Speaking remotely at the China-Europe Finance and Investment Forum 2026 in Beijing yesterday, held as part of the Financial Street Forum 2026, ESM Managing Director @pierregramegna highlighted the potential of digitalisation to make the issuance, trading and settlement of financial instruments more efficient.
As Europe advances projects including the digital euro and new digital market infrastructures, interoperability will be essential. Continued international dialogue can help ensure that innovation supports transparent, connected and resilient financial markets. There is considerable scope for Europe and China – and for institutions such as ICBC and the ESM – to contribute to that process.
🔗Link to the full speech: ow.ly/wpVh50ZZFnv
#ESMeuro
ESM retweeted
Good exchange of views with Daniela Stoffel , Swiss State Secretary for International Finance on the risks of higher inflation stemming from persistently higher energy prices . Good to be in Berlin during @Bgdialogue . PG
@ESM_Press
𝗪𝗵𝗶𝗹𝗲 𝗴𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝗶𝘀 𝗰𝗹𝗲𝗮𝗿𝗹𝘆 𝘁𝗵𝗲 𝗻𝘂𝗺𝗯𝗲𝗿 𝗼𝗻𝗲 𝗳𝗮𝗰𝘁𝗼𝗿 𝗮𝗳𝗳𝗲𝗰𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝘁𝗼𝗱𝗮𝘆, 𝘁𝗵𝗲𝗿𝗲'𝘀 𝗻𝗼 𝗿𝗲𝗴𝗶𝗼𝗻 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝘁𝗵𝗮𝘁 𝗶𝘀 𝗯𝗲𝘁𝘁𝗲𝗿 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗮𝗻𝗱 𝗵𝗮𝘀 𝘁𝗵𝗲 𝗶𝗻𝘀𝘁𝗿𝘂𝗺𝗲𝗻𝘁𝘀 𝘁𝗼 𝘄𝗲𝗮𝘁𝗵𝗲𝗿 𝗮 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗰𝗿𝗶𝘀𝗶𝘀, 𝘁𝗵𝗮𝗻 𝗘𝘂𝗿𝗼𝗽𝗲.
In his speech opening the 14th Annual ESM Shareholders’ Day, ESM Managing Director @pierregramegna reflected on the recent @IMFNews-@WorldBankGroup Annual Meetings in Bangkok, and how geopolitical developments are impacting economies all over the world.
The ESM’s capacity to act as the lender of last resort for euro area countries remains essential: it has the highest lending capacity and the highest capital among comparable institutions around the world.
Crisis prevention is becoming an increasingly important aspect of the ESM’s activities. This means taking a close look at risks. The ESM’s new publication, the 𝗘𝘂𝗿𝗼 𝗔𝗿𝗲𝗮 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗪𝗮𝘁𝗰𝗵 (read it here: ow.ly/pIht50ZZkvN), examines these risks and the wider forces that could create vulnerabilities across the euro area.
We cannot predict every crisis. 𝗕𝘂𝘁 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿, 𝘁𝗵𝗲 𝗘𝗦𝗠 𝗮𝗻𝗱 𝗶𝘁𝘀 𝗺𝗲𝗺𝗯𝗲𝗿𝘀 𝗰𝗮𝗻 𝗽𝗿𝗲𝗽𝗮𝗿𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘂𝗻𝗲𝘅𝗽𝗲𝗰𝘁𝗲𝗱.
📷: Frédéric Sierakowski
#ESMeuro
ESM retweeted
Excellent exchange of views with @NathalieFrancke , executive director at the @WorldBankGroup about the challenges of addressing issues of development at a time of heightened geopolitical fragmentation and strained budgets . PG
@ESM_Press
ESM retweeted
Good to reconnect with Pascal Saint-Amans in the margins of the @IMFMeetings in Bangkok . His wittiness and lucidity have always spiced up our
discussions …PG @PSaintAmans @ESM_Press
