Task

In the public interest, contributing to greater stability

Aufgabe

Looking back, at the height of the financial crisis the EAA had a sustained stabilising effect on the markets. The former WestLB transferred to it assets and obligations worth billions of euros. The EAA’s objective was to wind up this portfolio so that, in particular, looming losses for public finances could be avoided. A newly established team of proven financial experts accepted the responsibility eight years ago.

Contribution to the stability of the financial market