ESM CFO Janse Discusses New Tools for EU Pandemic Aid

The video discusses the European Stability Mechanism (ESM) and its role in providing financial support to countries during the economic crisis. It highlights the benefits of borrowing through the ESM, such as lower costs and market access. The ESM package offers significant financial aid, allowing countries to borrow up to 2% of GDP for healthcare and indirect costs. The video also explores the conditions attached to ESM funds and the introduction of social bonds to finance pandemic responses. Additionally, it examines the impact of alternative recovery funds on the demand for ESM credit lines.

What are the conditions under which countries can access the ESM funds?

In what ways has the pandemic crisis support been targeted towards health care and medical expenses?

What impact has the Recovery fund announced by Merkel and Macron had on the demand for ESM credit lines?