Achieving the goals of reduced CO2 emissions and adapting to climate change requires sustainable finance . The ESM continues to be committed to this end as this report shows . PG
It was a privilege to share my views on the role of the ESM in today’s changing world at the Annual Conference of German Finance Ministers in Perl . Many thanks to Finance Minister of Saarland Jakob von Weizsäcker @jakob_eu for the warm welcome and opportunity . PG
Excellent bilateral exchange of views with Fabio Panetta Governor of @bancaditalia
focusing on how each institution is contributing to financial stability in Europe . PG
Glad to do opening speech at FT global bond summit . Europe’s resilience despite geopolitical and energy shocks , together with its commitment to deepen its capital markets are key to live up to the challenge of mobilizing the needed funds for Europe’s future . PG @ESM_Press
Glad of the exchange of views with Andrew Bailey, Governor of @bankofengland on financial and geopolitical risks that can impact financial stability. PG
Precious contribution of IMF MD @KGeorgieva to the annual Board of
Governors meeting at #ESM headquarters in Luxembourg . With increasing international fragmentation worldwide , IMF and ESM are continuing to cooperate to ensure preparedness for times of crisis . PG @ESM_Press
Congratulations to @Pierrakakis for his first ESM Board of Governors meeting as its chairman. The best financial results ever ,close to €2 billion , highlight the resilience of the ESM . This is very precious in times increasing geopolitical turmoil. PG @ESM_Press
The new ESM headquarters on display today on the occasion of the 14th annual Board of Governors meeting . After anonymous approval of Luxembourg Parliament, the project is on track . Many thanks to Ministers @RothGilles and @Yuriko_Backes for their support . PG @ESM_Press
With inflation expected to be at 3% above the #ECB target , and Eurozone growth forecast at 0.9% instead of 1.2% because of Middle East conflict , the economy remains resilient and in positive territory . No reason to speak of stagflation at this juncture. PG @ESM_Press#euro
Excellent discussion on digital finance in Ecofin in Cyprus with participation of ECB President @christinelagarde , President of EP Econ committee @AuroreLalucq and new #EBA chair Francois-Louis Michaud. Europe must smartly embrace innovation in digital payment. PG @ESM_Press
Today marks another important milestone in Bulgaria’s path towards ESM membership.
A large majority in the Bulgarian National Assembly voted in favour of the ESM Treaties.
I look forward to welcoming Bulgaria as the ESM’s 21st Member in the coming weeks!
@ESM_Press
The benefits of financial stability extend beyond the borders of the ESM . Very useful exchange of views with the new @USEmbLuxembourg Ambassador Stacey Feinberg at ESM headquarters. PG @ESM_Press
Congratulations Mario Draghi for the #Karlspreis2026 . Your contributions to a stronger EU and the consolidation of the #Euro are manyfold. The report that bears your name contains the recommendations for the future : unity, competitiveness and solidarity. Grazie ! PG @ESM_Press
Nurturing the dialogue with parliaments of ESM members is precious as was the exchange of views with the National Council of the Slovak Republic delegation accompanied by @Palus_Peter Slovakia’s director at ESM Board of Directors. PG
@ESM_Press
Happy birthday EU as today you turn 76 . On this day Robert Schuman launched European integration only 5 years after end of World War 2 . May your courage and wisdom inspire us . In an ever more fragmented world , we need more solidarity and more Europe not less . PG @ESM_Press
Warm welcome extended to Ambassador of Bulgaria Natalia Uzunova as the country is in the process of joining the ESM in the aftermath of Bulgaria’s adoption of the euro . Looking forward to our cooperation . PG
Glad to welcome to the ESM headquarters 50 Heads of Internal Audit from European international institutions focusing on challenges they face. The disruptions triggered by geopolitical turmoil and the digitization of the economy took center stage . PG @ESM_Press
As Middle East conflicts continue despite agreed truce , it is prudent to prepare for lower growth and higher inflation . Market expectations were tilted towards a fast end of conflicts but are now pricing in higher energy prices for longer . PG @ESM_Press#Eurogroup
Great to reconnect with former fellow Finance Minister of Belgium @jvanovertveldt , now Member of @Eurparl_EN . Excellent exchange of views on the future MFF of the #EU in his capacity as Chair of the Committee on Budgets . PG
Pleased to welcome to the headquarters of #ESM@LaurenceBoone whom I know from @OECD when she was Deputy Secretary General and chief economist .
Excellent exchange of views on challenges of Europe in a fragmented world as well as role of ESM in times geopolitical turmoil . PG