The European Stability Mechanism is a dead letter with inadequate firepower
The subscribed and paid capital contributions of the 19 ESM members
Published on 7 April 2022 where the underlying article was published for the first time on www.brexit-watch.org on 6 April 2022
The European Stability Mechanism (ESM) is the main Eurozone bailout fund should further members be unable to access capital markets directly: the ESM would finance […]