ESM/EFSF Investor Newsletter No. 20 - June 2016

Last week, the UK people voted to leave the European Union. It is a regrettable decision, but one that has to be respected. What is important to point out here is that the direct consequences for the ESM or the EFSF will be minimal. The UK is not a shareholder of the ESM, nor a guarantor of the EFSF.

Please click here to download the ESM/EFSF Investor Newsletter for June 2016.