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25.06.2015 22:21:00
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European Stability Mechanism (ESM) -- Moody's: European Stability Mechanism's strong capitalisation and robust shareholder support underpin strong creditworthiness
London, 25 June 2015 -- The European Stability Mechanism's (ESM) substantial capital buffer and very strong political and financial support from its euro area shareholders underpin its Aa1/Prime-1 ratings, says Moody's Investors Service in a new report published today. Moody's considers that the robust shareholder support reflects the ESM's important role as the euro area's permanent crisis resolution mechanism.
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