European Stability Mechanism: Difference between revisions

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imported>Doug Williamson
(Organisation check 5/5/13 - new entry added. This is now the permanent mechanism for Euro area. See: http://www.esm.europa.eu/index.htm)
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Revision as of 14:23, 5 May 2013

(ESM). The European Stability Mechanism is a permanent crisis resolution mechanism for the countries of the euro area.

The ESM issues debt instruments in order to finance loans and other forms of financial assistance to euro area Members States

See also