European Stability Mechanism (ESM)
GPTKB entity
Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
financial institution
|
| gptkbp:budget |
published regularly
|
| gptkbp:capital |
€700 billion
|
| gptkbp:challenges |
response to the 2008 financial crisis
|
| gptkbp:collaborations |
gptkb:International_Monetary_Fund_(IMF)
with national governments |
| gptkbp:condition |
economic reforms
|
| gptkbp:contribution |
in_the_Eurozone_financial_system
|
| gptkbp:decidedBy |
requires qualified majority voting
|
| gptkbp:director |
gptkb:Kristalina_Georgieva
|
| gptkbp:emergencyServices |
provides tools for
|
| gptkbp:established |
2012
|
| gptkbp:financial_aid |
subject to strict conditions
tailored to individual countries enhances_in_the_Eurozone promotes_in_the_Eurozone critical_for_Eurozone's |
| gptkbp:financials |
credit lines
loans precautionary programs |
| gptkbp:firstSeason |
to_Spain_in_2012
|
| gptkbp:funding |
available to member states
capital contributions from member states for member states in distress |
| gptkbp:governance |
includes a Managing Director
Board_of_Governors supports_Eurozone's |
| gptkbp:headquarters |
gptkb:Luxembourg
|
| https://www.w3.org/2000/01/rdf-schema#label |
European Stability Mechanism (ESM)
|
| gptkbp:impact |
on_Eurozone_recovery
|
| gptkbp:influence |
on_European_economic_policy
|
| gptkbp:is_a_platform_for |
gptkb:Treaty_establishing_the_ESM
|
| gptkbp:is_monitored_by |
economic performance of member states
|
| gptkbp:members |
Eurozone_countries
|
| gptkbp:operationalRole |
stabilizing_the_Eurozone
|
| gptkbp:oversees |
gptkb:European_Central_Bank
gptkb:European_Commission |
| gptkbp:purpose |
provide financial assistance
|
| gptkbp:receives_funding_from |
based on compliance with conditions
|
| gptkbp:related_to |
gptkb:Cyprus
gptkb:Greece gptkb:Ireland gptkb:Italy gptkb:Portugal gptkb:Spain |
| gptkbp:relationship |
with_European_Parliament
|
| gptkbp:replacedBy |
gptkb:European_Financial_Stability_Facility_(EFSF)
|
| gptkbp:respondsTo |
sovereign debt crisis
|
| gptkbp:riskManagement |
conducted regularly
|
| gptkbp:sustainability |
assessed before assistance
|
| gptkbp:visibility |
commitment to
|