European Financial Stabilisation Mechanism (EFSM)

GPTKB entity

Properties (51)
Predicate Object
gptkbp:instanceOf gptkb:Educational_Institution
gptkbp:aimsTo financial markets
market confidence
gptkbp:associatedWith gptkb:European_Stability_Mechanism
Eurozone_crisis
gptkbp:collaboratesWith gptkb:International_Monetary_Fund
gptkbp:contributedTo economic recovery
gptkbp:ensures EU_fiscal_rules
gptkbp:established gptkb:European_Union
gptkbp:facilitates gptkb:European_Central_Bank
gptkbp:financials economic reforms
gptkbp:firstIntroduced gptkb:Ireland
gptkbp:funding European_Union_budget
gptkbp:governedBy EU_regulations
gptkbp:hasFeature EU_member_states
gptkbp:hasImpactOn EU_economic_policy
https://www.w3.org/2000/01/rdf-schema#label European Financial Stabilisation Mechanism (EFSM)
gptkbp:interests market-based rates
gptkbp:is_monitored_by gptkb:European_Commission
gptkbp:isConsidered temporary solution
gptkbp:isCriticizedFor conditionality measures
gptkbp:isDesignedFor prevent financial crises
gptkbp:isEvaluatedBy gptkb:European_Commission
independent experts
gptkbp:isFundedBy EU_member_states'_guarantees
gptkbp:isLinkedTo EU_budgetary_policies
gptkbp:isMonitoredBy gptkb:European_Stability_Mechanism
gptkbp:isPartOf EU_financial_architecture
financial_crises_in_Europe
gptkbp:isSubjectTo EU_law
gptkbp:isSupportedBy EU_member_states
gptkbp:isUtilizedFor bailouts
gptkbp:launched 2010
gptkbp:legalStatus gptkb:Regulation_(EU)_No_407/2010
gptkbp:maxRange 60 billion euros
gptkbp:numberOfMembers guarantees
gptkbp:operates gptkb:European_Commission
gptkbp:operationalStatus 2013
EU_financial_stability_framework
gptkbp:paymentMethods up to 12 years
gptkbp:providesSupportFor public finances
affected countries
gptkbp:purpose provide_financial_assistance_to_EU_member_states
gptkbp:receives gptkb:EU_institutions
gptkbp:replacedBy European_Stability_Mechanism_(ESM
gptkbp:requires gptkb:European_Parliament
gptkbp:secondaryMission gptkb:Greece
gptkb:Portugal
gptkbp:targets EU_member_states_in_financial_distress
gptkbp:totalGoals approximately 50 billion euros
gptkbp:type temporary mechanism