ESM Board of Governors

E434178

The ESM Board of Governors is the highest decision-making body of the European Stability Mechanism, composed mainly of euro area finance ministers and responsible for key strategic and financial decisions.

All labels observed (1)

Label Occurrences
ESM Board of Governors canonical 1

How this entity was disambiguated

Statements (40)

Predicate Object
instanceOf decision-making body
governing body
organ of the European Stability Mechanism
composedOf finance ministers of the euro area Member States
representatives of euro area Member States with voting rights
country European Union (euro area) NERFINISHED
hasChair Chairperson of the ESM Board of Governors
President of the Eurogroup
hasDecisionRule mutual agreement for key decisions
qualified majority for specified decisions
hasMemberType Alternate Governor
Governor
hasPower adopt guidelines and policies for the ESM
appoint members of the ESM Board of Directors
appoint the Managing Director of the ESM
approve ESM financial assistance programmes
approve changes in ESM authorised capital stock
approve the annual accounts of the ESM
approve the annual report of the ESM
decide on capital calls to ESM Members
decide on financial assistance instruments
decide on the pricing policy of the ESM
decide on the transfer of EFSF tasks to the ESM where applicable
determine ESM lending capacity
grant stability support to ESM Members
hasRole highest decision-making body of the European Stability Mechanism
jurisdiction euro area
legalBasis Treaty establishing the European Stability Mechanism NERFINISHED
locatedIn Luxembourg NERFINISHED
oversees ESM Board of Directors NERFINISHED
Managing Director of the ESM NERFINISHED
partOf European Stability Mechanism NERFINISHED
reportsTo ESM Members (euro area Member States) NERFINISHED
responsibleFor approval of ESM budget
approval of ESM investment policy
approval of ESM risk management policies
key financial decisions of the ESM
overall strategic direction of the ESM
sector economic governance
financial stability

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Board of Governors abbreviation ESM Board of Governors
subject surface form: Board of Governors of the European Stability Mechanism