guest lecture Rolf Strauch

On Friday, 31 January 2020, Rolf Strauch, Chief Economist and Management Board Member of the European Stability Mechanism (ESM), will give a guest lecture about his role and the provision of financial help to countries on the verge of bankruptcy. What are the effects of bailouts on the European economy? Are bailouts always the right solution? How do countries reach independent stability? 

About Rolf Strauch

Rolf Strauch is Chief Economist and Management Board Member the European Stability Mechanism (ESM). He is responsible for Economic and Market Analysis, Banking, as well as strategic orientation, and the country monitoring work that the ESM and EFSF (European Financial Stability Facility) undertake. He also represents the ESM and EFSF in European fora, negotiates with Member States, and handles relations with credit rating agencies. Strauch also worked at the European Central Bank from 2000 to 2010 in the Directorate-General Economics on fiscal, monetary, and structural policies.

About the European Stability Mechanism

The ESM is part of the EU strategy to safeguard financial stability in the euro area by providing financial assistance to states experiencing financing problems. The assistance comes in various ways, including the disbursement of loans at subsidised interest rates, support for government bond issuance, and direct recapitalisation of systemically important credit institutions. ESM has been involved in the bailout of Greece, Cyprus, and the Spanish Banking system since its launch in October 2012.

Note: the event will be recorded by ESM and will be used for promotional purposes. 

Registration

Registration for this event is required. You can register via the orange button on your right, here you also have to opportunity to upload questions that you want to ask to Mr. Strauch!