European Stability Mechanism

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Revision as of 13:37, 15 July 2014 by imported>Doug Williamson (Correct typos - Member State & full stop.)
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(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 Member States.


See also

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