European Stability Mechanism

European Stability Mechanism

Finance > Monetary relations > Monetary relations > Currency area > Euro area

European Stability Mechanism

Eurovoc reference

c_062f6587 European Stability Mechanism

Related concepts

Alternative Concepts

  • ESM

History

Entered in force on 27 September 2012. The ESM has taken over the tasks fulfilled by the <em>European Financial Stability Facility</em> (EFSF) and the <em>European Financial Stabilisation Mechanism</em> (EFSM).

Definition

The European Stability Mechanism is the 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 Members States. Source: ESM. Available at: <a href=

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Properties and Values of European Stability Mechanism

  • URI https://en.legalthesaurus.org/european-stability-mechanism/
  • skos:Concept: https://en.legalthesaurus.org/european-stability-mechanism/

Preferred lexical labels

Generic concepts

Specific concepts

Related concepts

Alternative lexical labels

Documentation notes

  • skos:scopeNote: this concept on European Stability Mechanism defines the activities of European Stability Mechanism (en)
  • skos:editorialNote: Editorial Note on European Stability Mechanism (EN)
  • skos:notation: Notation on European Stability Mechanism: see reference Eurovoc (N)
  • skos:definition: European Stability Mechanism definition:
  • skos:example: example of European Stability Mechanism usage:

Thematic indexing

Other general information

[rtbs name=”thesaurus-lawi”][rtbs name=”microthesauri”][rtbs name=”skos”][rtbs name=”thesaurus-eurovoc”]


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