Event is over

Launch of EFSF ESM Financial Assistance Evaluation Report

CEPS Conference Room
Place du Congrès 1 - 1000 Brussels

Free participation in our meetings is a benefit of CEPS membership. Non-members may be admitted for Euro 50, paid in cash at registration. Representatives from the European institutions (Commission – Parliament – Council – EEAS – Committee of the Regions - CESE) & members of the press benefit from free entrance, too. A sandwich lunch will be served from 12.30 onwards.

CEPS Event

Launch of EFSF ESM Financial Assistance Evaluation Report


This report evaluates the relevance, effectiveness, and efficiency of EFSF and ESM financial assistance in safeguarding the financial stability of the euro area and its members. It primarily focuses on aspects that were not covered in detail by other evaluations, such as financing and the ESM programme governance framework. It is the first evaluation that covers all five euro area programme countries: Ireland, Portugal, Spain, Cyprus, and the second Greek programme up to its initial expiry in December 2014. These assistance programmes, totalling almost €300 billion, are among the largest in modern history. The evaluation does not assess the political aspects of the Eurogroup negotiations or individual programme policies that were the specific responsibility of other institutions.

To access the full report (PDF), please click here

Cinzia Alcidi Cinzia Alcidi
Cinzia Alcidi

Director of Research

Speakers list
Gertrude Tumpel-Gugerell

the Independent Evaluator and former ECB Board member

Rolf Strauch

Chief Economist, ESM