Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The ESM is actually, by the treaty, unaccountable to the European Parliament. Apparently so is the EcoFin - Juncker once (two years ago, debating the crisis) famously remarked in the Parliament that he had "colleagues" telling him he had no need to go to the Parliament, but he was doing it out of due courtesy.

If you are not convinced, try it on someone who has not been entirely debauched by economics. — Piero Sraffa
by Migeru (migeru at eurotrib dot com) on Fri Jul 20th, 2012 at 04:43:08 AM EST

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