The functioning of the European Finance and Stability Mechanism (EFSM) and the European Finance and Stability Fund (EFSF) will be debated by Economic and Monetary Affairs Committee MEPs and external experts on Monday from 15.30h to 16.30h and Tuesday from 17.30h to 18.30h. Speakers will include EFSF chief Klaus Regling.
On Monday, Czech Central Bank Governor Miroslav Singer and senior researcher at the European Trade Union Institute Andreas Botsch will assess the implementation and impact of the intergovernmental loans to Greece, as well as those from the EFSF and EFSM. Part of the discussion will focus on the (potential) consequences of the ESFM for the EU budget.
On Tuesday, EFSF chief Klaus Regling and European Commission Director-General for Economic and Financial Affairs Marco Buti will give the committee their views on the day-to-day operations of the funds
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