European Stability Mechanism

E17556

The European Stability Mechanism is an intergovernmental financial institution of eurozone countries that provides financial assistance to member states in economic or financial distress to safeguard stability in the monetary union.

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This AI-generated illustration was produced by black-forest-labs/FLUX.2-dev (1024x1024) from a prompt written by openai/gpt-oss-120b from the entity's label + description.

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Generate an image of the European Stability Mechanism (The European Stability Mechanism is an intergovernmental financial institution of eurozone countries that provides financial assistance to member states in economic or financial distress to safeguard stability in the monetary union.)

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How this entity was disambiguated

Statements (66)

Predicate Object
instanceOf eurozone institution ⓘ
intergovernmental financial institution ⓘ
international financial institution ⓘ
treaty-based organization ⓘ
cameIntoForce 2012 ⓘ
capitalStructure authorised capital stock ⓘ
capitalType callable capital ⓘ
paid-in capital ⓘ
country Luxembourg ⓘ
currency euro ⓘ
foundedBy euro area member states ⓘ
governedBy Board of Directors ⓘ
Board of Governors ⓘ
hasInstrument bank recapitalisation instruments ⓘ
direct bank recapitalisation (now discontinued for new cases) ⓘ
indirect bank recapitalisation ⓘ
loans ⓘ
precautionary financial assistance ⓘ
primary market purchases of sovereign bonds ⓘ
secondary market purchases of sovereign bonds ⓘ
hasManagingDirector Klaus Regling ⓘ
hasMember Austria ⓘ
Belgium ⓘ
Croatia ⓘ
Cyprus ⓘ
Estonia ⓘ
Finland ⓘ
France ⓘ
Germany ⓘ
Greece ⓘ
Ireland ⓘ
Italy ⓘ
Latvia ⓘ
Lithuania ⓘ
Luxembourg ⓘ
Malta ⓘ
Netherlands ⓘ
Portugal ⓘ
Slovakia ⓘ
Slovenia ⓘ
Spain ⓘ
headedBy Managing Director ⓘ
language English ⓘ
French ⓘ
German ⓘ
legalBasis Treaty Establishing the European Stability Mechanism ⓘ
locatedIn Luxembourg City ⓘ
memberOf euro area ⓘ
objective ensure financial stability of the monetary union ⓘ
partOf euro area crisis management framework ⓘ
predecessor European Financial Stabilisation Mechanism ⓘ
European Financial Stability Facility ⓘ
purpose provide financial assistance to euro area member states in distress ⓘ
safeguard financial stability of the euro area ⓘ
support countries experiencing severe financing problems ⓘ
regionServed European Union ⓘ
euro area ⓘ
replaced temporary crisis resolution mechanisms of the euro area ⓘ
shortName ESM ⓘ
supervisedBy euro area finance ministers ⓘ
linked to: Eurogroup
treatySigned 2012 ⓘ
votingSystem weighted voting based on capital subscription ⓘ
website https://www.esm.europa.eu ⓘ
worksWith European Central Bank ⓘ
European Commission ⓘ
International Monetary Fund ⓘ

How these facts were elicited

Referenced by (29)

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

Eurozone → hasInstitution → European Stability Mechanism ⓘ
European Union economic and monetary union → hasComponent → European Stability Mechanism ⓘ
President of the Eurogroup → associatedWith → European Stability Mechanism ⓘ
Eurogroup Working Group → affiliatedWith → European Stability Mechanism ⓘ
Eurogroup Working Group → hasObserver → European Stability Mechanism ⓘ
Luxembourg City → isSeatOf → European Stability Mechanism ⓘ
subject linked to: Luxembourg City, Luxembourg
European Financial Stability Facility → replacedBy → European Stability Mechanism ⓘ
European Financial Stability Facility → sharesManagementWith → European Stability Mechanism ⓘ
Board of Governors of the European Stability Mechanism → partOf → European Stability Mechanism ⓘ
subject linked to: Board of Governors
Klaus Regling → employer → European Stability Mechanism ⓘ
Board of Directors of the European Stability Mechanism → partOf → European Stability Mechanism ⓘ
subject linked to: Board of Directors
Board of Directors of the European Stability Mechanism → sector → European financial stability mechanism ⓘ
subject linked to: Board of Directors
linked to: European Stability Mechanism
Economic and Monetary Union of the European Union → hasMechanism → European Stability Mechanism ⓘ
subject linked to: EMU
Cypriot financial crisis and bailout → involvedOrganization → European Stability Mechanism ⓘ
Cypriot financial crisis and bailout → bailoutProvider → European Stability Mechanism ⓘ
European Union economics → studies → European Stability Mechanism ⓘ
European Council Decision 2011/199/EU → enablesCreationOf → European Stability Mechanism ⓘ
ESM Board of Governors → partOf → European Stability Mechanism ⓘ
Klaus Regling → employer → European Stability Mechanism ⓘ
subject linked to: Regling
Single Resolution Fund → relatedTo → European Stability Mechanism ⓘ
Fiscal Compact → linkedTo → European Stability Mechanism ⓘ