Figure 1 illustrates the repayment plan for the loans issued by the ESM, whose residual lending capacity is currently just over € billion (Figure 2). 6  3.
Financial assistance in the proposed reform of the Treaty2 The reform proposal before us covers three main areas: the ESM’s governance and tasks regarding financial assistance to member countries, the conditionality for granting such assistance and the ESM’s function as a backstop for the Single Resolution Fund (I will focus on this last point later on).