ESM

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

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

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