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ESM appoints Niels Lynggård Hansen as Head of Economics and Market Analysis

N° 4 / 07 February 2020

ESM Press Release no. 4/2020

The European Stability Mechanism (ESM) has appointed Niels Lynggård Hansen to the position of Head of Economic and Market Analysis.

Prior to joining the ESM, Mr Hansen was associate professor in economics and director at the Pension Research Centre (PeRCent) at Copenhagen Business School. Before that, he pursued his career at the Danish central bank. In his last position there, he was Head of Economics and Monetary Policy. He had also worked in areas such as government debt management, economic modeling and analysis, statistics, forecasting, and monetary policy analysis.

ESM Managing Director Klaus Regling said: "I am happy to welcome Niels Hansen to the ESM. He is a very experienced and highly skilled economist. The Economics and Market Analysis team plays a pivotal role in ESM operations by analysing the macroeconomic environment and financial markets. I am confident that Niels’s knowledge and leadership will strengthen the team further, for the benefit of the whole ESM.”

Mr Hansen obtained a degree in economics from the University of Copenhagen and a post-graduate degree from Groupe de Recherche en Economie Quantitative et Econometrie (GREQE) at Université d’Aix-Marseille, before earning a PhD in economics from the University of Aarhus.

 

Niels Lynggård Hansen
Media Enquiries
 
Wolfgang Proissl
Head of Communications/Chief Spokesperson
Phone: +352 260 962 230
w.proissl@esm.europa.eu
 
Anabela Reis
Senior Spokesperson
Phone: +352 260 962 551
a.reis@esm.europa.eu
 
George Matlock
Senior Financial Spokesperson
Phone: +352 260 962 232
g.matlock@esm.europa.eu
 
 
About ESM
 
The European Stability Mechanism (ESM) has the mandate to preserve financial stability in the euro area by providing financial assistance to Member States with severe financing problems. It is a permanent inter-governmental institution, operating since October 2012. The shareholders of the ESM are the 19 euro area Member States. All financial assistance to Member States is linked to appropriate conditionality. The ESM finances its assistance by issuing bonds and other debt instruments. It has a total subscribed capital of approximately €700 billion, which comprises €80 billion in paid-in capital and €624 billion in committed callable capital. The ESM’s maximum lending capacity is €500 billion.

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