Treaty establishing the ESM

GPTKB entity

Statements (61)
Predicate Object
gptkbp:instanceOf treaty
gptkbp:activeDuring September 27, 2012
gptkbp:aimsTo prevent future financial crises
gptkbp:allows direct recapitalization of banks
gptkbp:amends unanimous agreement of member states
gptkbp:contributedTo financial_stability_in_the_Eurozone
gptkbp:enactedBy Eurozone_member_states
gptkbp:established Emergency Fund
Crisis Response Mechanism
gptkbp:facilitates bailout programs
gptkbp:financials €500 billion
gptkbp:governedBy European_Union_law
gptkbp:headquarters gptkb:Luxembourg
https://www.w3.org/2000/01/rdf-schema#label Treaty establishing the ESM
gptkbp:includesProvisionsFor early intervention measures
gptkbp:influencedBy global financial crisis
gptkbp:isAssociatedWith austerity measures
gptkbp:isChallengedBy national governments
gptkbp:isCitedIn European_Parliament_sessions
gptkbp:isConnectedTo gptkb:European_Financial_Stability_Facility
debt crisis management.
gptkbp:isCriticizedFor lack of democratic accountability
various political groups
conditionality requirements
gptkbp:isDesignedFor provide financial stability
gptkbp:isDiscussedIn EU_summits
European_Council_meetings
gptkbp:isEvaluatedBy gptkb:European_Court_of_Auditors
independent experts
gptkbp:isExaminedBy contributions from member states
gptkbp:isInfluencedBy international financial institutions
gptkbp:isLinkedTo gptkb:European_Monetary_Union
financial assistance programs
bailout conditions
gptkbp:isLocatedIn European_Stability_Mechanism_institution
gptkbp:isMonitoredBy gptkb:European_Stability_Board
gptkbp:isPartOf EU_economic_governance_framework
EU_financial_stability_framework
European_financial_architecture
gptkbp:isPromotedBy EU_leaders
gptkbp:isRelatedTo Stability and Growth Pact
gptkbp:isReviewedBy gptkb:European_Parliament
gptkbp:isSubjectTo gptkb:EU_treaties
European_Court_of_Justice_jurisdiction
gptkbp:issuedBy Board_of_Governors
gptkbp:isSupportedBy gptkb:European_Commission
financial markets
European_Central_Bank_policies
gptkbp:isUpdatedBy amendments agreed by member states
gptkbp:isVisitedBy 17 Eurozone countries
gptkbp:provides financial assistance to member states
monitoring of economic policies
gptkbp:purpose establish_the_European_Stability_Mechanism
gptkbp:relatedTo European_Union_fiscal_policy
gptkbp:replacedBy gptkb:European_Financial_Stability_Facility
gptkbp:requires maintain sound public finances
strict conditionality for assistance
gptkbp:signature gptkb:Eurozone_finance_ministers
February 2, 2012
gptkbp:training gptkb:European_Central_Bank
gptkbp:treaty until_all_Eurozone_countries_ratify