About: ESM

Juncker: ‘I don’t think the Greek people have been humiliated’
“I don’t think the Greek people have been humiliated and I don't think that the other Europeans are losing their faith,” said European Commission President Jean-Claude Juncker on Monday (13) July).Promoted content
Eurogroup launches permanent rescue fund, says Spain does not need bailout
Eurozone's new permanent rescue fund was launched on Monday at a meeting of finance ministers in Luxembourg. Funded by taxpayers' money, the so-called European Stability Mechanism will have a 500 bn euro budget to help finance debt-ridden countries.Promoted content
Barroso warns Hungary it needs to comply with EU laws
The European Union will make sure that Hungary complies with all the bloc's laws, the head of the bloc's executive promised on Thursday. Hungary's conservative government is under fire for a series of new laws and constitutional amendments which critics say unduly concentrate powers on a range of matters - from finances to election law - with the administration.Promoted content