ESM to resolve unpredictable situations, say Slovak analysts

The European Stability Mechanism (ESM) would help countries deal with unpredictable situations via the provision of loans, several economic analysts told TASR on Thursday. "The positive thing about the ESM is that the fund will lead to better ratings for countries within it and subsequently to loans that will be cheaper than they would be on the market," Vladimir Bacisin from the Pan-European University in Bratislava told TASR.