The Malta Independent 14 May 2024, Tuesday
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Governor Scicluna meets with the European Stability Mechanism delegation

Wednesday, 29 November 2023, 16:05 Last update: about 7 months ago

Central Bank of Malta governor, Professor Edward Scicluna, together with senior officials from the bank, met with a delegation from European Stability Mechanism led by its managing director Pierre Gramegna. The meeting took place on 22 November  at the Central Bank of Malta.

The European Stability Mechanism is an intergovernmental organisation established by member states of the euro area in 2012. Its mission is to enable the countries of the euro area to avoid and overcome financial crises and to maintain long-term financial stability and prosperity.

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Malta is a founding member of the European Stability Mechanism, which replaced the previous European Financial Stability Facility. Both funds helped the eurozone member countries overcome the euro crises.


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