ESM
E97869
ESM is an intergovernmental financial institution of the eurozone that provides financial assistance to member states in economic distress to safeguard financial stability.
Observed surface forms (1)
| Surface form | Occurrences |
|---|---|
| European Stability Mechanism | 0 |
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
intergovernmental financial institution
ⓘ
international financial institution ⓘ |
| abbreviation | ESM self-linksurface differs ⓘ |
| authorizedCapitalStock | €700 billion ⓘ |
| capitalStructure | subscribed capital by euro area member states ⓘ |
| chiefExecutiveTitle | Managing Director ⓘ |
| conditionForAssistance |
macroeconomic adjustment programme
ⓘ
strict conditionality ⓘ |
| country |
Eurozone
ⓘ
surface form:
eurozone
|
| currency | euro ⓘ |
| establishedBy | euro area member states ⓘ |
| foundingDate | 2012 ⓘ |
| governedBy |
Board of Directors
ⓘ
Board of Governors ⓘ |
| hasLanguage |
English
ⓘ
French ⓘ German ⓘ |
| headquartersCountry | Luxembourg ⓘ |
| headquartersLocation |
Luxembourg City, Luxembourg
ⓘ
surface form:
Luxembourg City
|
| jurisdiction | euro area ⓘ |
| legalForm | international organization under public international law ⓘ |
| lendingCapacity | €500 billion ⓘ |
| locatedInTimeZone | Central European Time ⓘ |
| memberOf | eurozone architecture ⓘ |
| offers |
bank recapitalisation instruments
ⓘ
financial assistance programmes ⓘ precautionary financial assistance ⓘ primary market purchases of sovereign bonds ⓘ secondary market purchases of sovereign bonds ⓘ |
| operatesIn | euro area ⓘ |
| owner | euro area member states ⓘ |
| policyArea |
economic and monetary union
ⓘ
financial stability ⓘ |
| predecessor | European Financial Stability Facility ⓘ |
| purpose |
to provide financial assistance to euro area member states in economic distress
ⓘ
to safeguard financial stability in the euro area ⓘ |
| regionServed |
European Union
ⓘ
euro area member states ⓘ |
| relatedTo |
European Financial Stability Facility
ⓘ
European Financial Stability Facility ⓘ
surface form:
European Stability Facility
|
| sector |
crisis management
ⓘ
public finance ⓘ |
| supervises | financial assistance programmes for euro area countries ⓘ |
| treatyBasis | Treaty Establishing the European Stability Mechanism ⓘ |
| website | https://www.esm.europa.eu ⓘ |
| worksWith |
European Central Bank
ⓘ
European Commission ⓘ International Monetary Fund ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
European Stability Mechanism