Examples of ESM Member in a sentence
The Governor shall be a member of the government of that ESM Member who has responsibility for finance.
Each ESM Member shall appoint a Governor and an alternate Governor.
The Managing Director shall be appointed by the Board of Governors from among candidates having the nationality of an ESM Member, relevant international experience and a high level of competence in economic and financial matters.
If indispensable to safeguard the financial stability of the euro area as a whole and of its Member States, the ESM may provide stability support to an ESM Member subject to strict conditionality, appropriate to the financial assistance instrument chosen.
An ESM Member may address a request for stability support to the Chairperson of the Board of Governors.
The Board of Governors shall decide an appropriate course of action for ensuring that the ESM Member concerned settles its debt to the ESM within a reasonable period of time.
Each ESM Member shall designate its Governor and alternate Governor within the two weeks of the entry into force of this Treaty.
Any question of interpretation or application of the provisions of this Treaty and the by-laws of the ESM arising between any ESM Member and the ESM, or between ESM Members, shall be submitted to the Board of Directors for its decision.
The Board of Governors may decide to grant financial assistance in the form of a loan to an ESM Member, in accordance with Article 12.
The Board of Governors shall approve the application for accession of the new ESM Member and the detailed technical terms related thereto, as well as the adaptations to be made to this Treaty as a direct consequence of the accession.