
European Financial Stabilisation Mechanism - Wikipedia
The European Financial Stabilisation Mechanism (EFSM) is an emergency funding programme reliant upon funds raised on the financial markets and guaranteed by the European Commission using the budget of the European Union as collateral. [1]
European Financial Stabilisation Mechanism
The European Financial Stabilisation Mechanism (EFSM) was created for the European Commission to provide financial assistance in the form of back-to-back loans to any EU countries experiencing or threatened by severe financial difficulties.
European Financial Stabilisation Mechanism (EFSM)
The European Financial Stabilisation Mechanism (EFSM) was created for the European Commission to provide financial assistance to any EU country experiencing or threatened by severe financial difficulties.
Extended finite-state machine - Wikipedia
In a conventional finite-state machine, the transition is associated with a set of input Boolean conditions and a set of output Boolean functions. In an extended finite-state machine (EFSM) model, the transition can be expressed by an “ if statement ” …
European financial stabilisation mechanism | EUR-Lex
2022年2月6日 · The European Stability Mechanism (ESM) builds upon the work done under the EFSM and the European Financial Stability Facility, the 2 instruments set in place temporarily in the wake of the sovereign debt crisis, with which it coexists today.
The EFSM allows the Commission to provide loans to euro area Member States threatened by severe difficulties and to access financial markets, by issuing bonds or with private placements. The amount that can be borrowed by the Commission on behalf of …
European Financial Stability Facility - Wikipedia
The European Financial Stability Facility (EFSF) is a special purpose vehicle financed by members of the eurozone to address the European sovereign-debt crisis.
Regulation - 407/2010 - EN - EUR-Lex
With a view to preserving the financial stability of the European Union, this Regulation establishes the conditions and procedures under which Union financial assistance may be granted to a Member State which is experiencing, or is seriously threatened with, a severe economic or financial disturbance caused by exceptional occurrences beyond its ...
Funding mechanisms and facilities - European Commission
European Financial Stabilisation Mechanism (EFSM) Information on how the EFSM was created to provide financial assistance for EU countries and an overview of its programmes. European Financial Stability Facility (EFSF)
Financial assistance to EU Member States
Under the EFSM, the Commission is allowed to borrow up to a total of EUR 60 billion on financial markets on behalf of the Union under an implicit EU budget guarantee. The EFSM can provide assistance to all EU Member States.