European Financial Stability Facility

E97871

The European Financial Stability Facility was a temporary crisis resolution mechanism created by eurozone countries in 2010 to provide financial assistance to member states in economic difficulty during the sovereign debt crisis.

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All labels observed (6)

Statements (48)

Predicate Object
instanceOf intergovernmental financial institution
special purpose vehicle
temporary crisis resolution mechanism
alsoKnownAs European Financial Stability Facility
surface form: EFSF
appliesToJurisdiction euro area member states
basedOn intergovernmental agreement among euro area member states
borrower Greece
Ireland
Portugal
continent Europe
cooperatesWith European Central Bank
European Commission
International Monetary Fund
country eurozone countries
createdDuring Eurozone crisis
surface form: European sovereign debt crisis
createdFor support euro area countries that lost access to market financing
currency euro
dissolutionDate after full repayment of outstanding bonds and loans (planned)
endOfLendingOperations 2013
foundedBy euro area member states
fundingMethod issuance of bonds and other debt instruments on capital markets
guaranteeCommitments 780 billion euro
guaranteedBy euro area member states
hasCEO Klaus Regling
hasSovereignRating AAA (initially)
headquartersLocation Luxembourg City, Luxembourg
surface form: Luxembourg City
inception 2010
inceptionDate 2010-06-07
industry financial services
legalForm société anonyme
legislativeBody euro area member state parliaments (for guarantees approval)
location Luxembourg
mainSubject European sovereign debt crisis
maximumLendingCapacity 440 billion euro
officialLanguage English
operatingArea euro area
parentOrganization euro area member states collectively
purpose provide financial assistance to euro area member states in economic difficulty
safeguard financial stability in the euro area
replacedBy European Stability Mechanism
sector public finance
sharesJurisdictionWith European Stability Mechanism
sharesManagementWith European Stability Mechanism
supervisedBy Eurogroup
typeOfAid bank recapitalisation support via loans to governments
loan programmes
precautionary programmes
website https://www.efsf.europa.eu

How these facts were elicited

The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.

Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10.

# Requirements
- If you don't know the subject at all, return an empty list.
- If the subject is not a named entity, return an empty list.
- Include at least one triple where predicate is "instanceOf".
- Do not get too wordy.
- Separate several objects into multiple triples with one object.
Input
Subject: European Financial Stability Facility
Description of subject: The European Financial Stability Facility was a temporary crisis resolution mechanism created by eurozone countries in 2010 to provide financial assistance to member states in economic difficulty during the sovereign debt crisis.

Referenced by (9)

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

European Stability Mechanism predecessor European Financial Stability Facility
European Stability Mechanism predecessor European Financial Stability Facility
this entity surface form: European Financial Stabilisation Mechanism
ESM predecessor European Financial Stability Facility
subject surface form: European Stability Mechanism
ESM relatedTo European Financial Stability Facility
subject surface form: European Stability Mechanism
this entity surface form: European Stability Facility
ESM relatedTo European Financial Stability Facility
subject surface form: European Stability Mechanism
Treaty Establishing the European Stability Mechanism replaces European Financial Stability Facility
this entity surface form: temporary European Financial Stability Facility
Treaty Establishing the European Stability Mechanism replaces European Financial Stability Facility
this entity surface form: European Financial Stabilisation Mechanism (as main euro area bailout tool)
European Financial Stability Facility alsoKnownAs European Financial Stability Facility
this entity surface form: EFSF
Klaus Regling employer European Financial Stability Facility