EuroVoc Core Concepts (EUROVOC)
SKOS
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Last submission date January 3, 2022
ID http://eurovoc.europa.eu/c_062f6587
http://eurovoc.europa.eu/c_062f6587
http://ecoportal.lifewatchdev.eu/ontologies/EUROVOC/c_062f6587
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Preferred name

European Stability Mechanism

Definitions
The European Stability Mechanism is the permanent crisis resolution mechanism for the countries of the euro area. The ESM issues debt instruments in order to finance loans and other forms of financial assistance to euro area Members States.
In schemes
Type http://www.w3.org/2004/02/skos/core#Concept
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