the European Stability Mechanism

GPTKB entity

Statements (59)
Predicate Object
gptkbp:instance_of gptkb:financial_institutions
gptkbp:aims_to safeguard financial stability
gptkbp:can bonds
gptkbp:can_provide precautionary credit lines
gptkbp:capital 700 billion euros
gptkbp:collaboration Eurozone member states
gptkbp:established gptkb:2012
gptkbp:governed_by gptkb:the_European_Commission
gptkb:Eurogroup
a Board of Governors
gptkbp:has a lending capacity
gptkbp:has_role debt restructuring
bailout programs
gptkbp:headquarters gptkb:Luxembourg
https://www.w3.org/2000/01/rdf-schema#label the European Stability Mechanism
gptkbp:is a permanent institution
gptkbp:is_a_financial_safety_net_for Eurozone countries in distress
gptkbp:is_a_key_component_of the Eurozone's crisis response framework
gptkbp:is_a_source_of financial support for member states.
gptkbp:is_a_tool_for crisis management
gptkbp:is_accountable_to gptkb:the_European_Parliament
gptkbp:is_aimed_at preventing future crises
gptkbp:is_designed_to enhance financial stability
support economic recovery
ensure fiscal discipline
provide liquidity support
facilitate economic adjustment
prevent contagion in the Eurozone
promote stability in the Eurozone
gptkbp:is_funded_by contributions from member states
capital contributions from member states
gptkbp:is_involved_in monitoring economic policies
economic surveillance
fiscal consolidation efforts
financial market stabilization
gptkbp:is_linked_to the Stability and Growth Pact
gptkbp:is_part_of the broader European integration process
the European Union's financial framework
the European financial architecture
gptkbp:is_subject_to gptkb:European_Union
gptkbp:is_supported_by gptkb:the_European_Central_Bank
gptkbp:key_player the European financial system
gptkbp:mandates provide financial stability
gptkbp:mechanism_of_action gptkb:financial_assistance
gptkbp:members Eurozone countries
gptkbp:operated_by conditionality agreements
gptkbp:operates_under gptkb:Treaty_on_Stability,_Coordination_and_Governance
gptkbp:provides loans
financial assistance programs
gptkbp:provides_support_for structural reforms
countries in financial distress
gptkbp:purpose provide financial assistance to Eurozone countries
gptkbp:replaced_by gptkb:the_European_Financial_Stability_Facility
gptkbp:was_a_response_to sovereign debt crises
the Eurozone crisis
the global financial crisis
gptkbp:was_involved_in several financial assistance programs
gptkbp:bfsParent gptkb:Treaty_of_Lisbon
gptkbp:bfsLayer 5