en

EFSF

1 abbreviation

Terminological databases

EKI terminibaas Esterm

ID 736955 Last modified 09.05.2017
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Domain financial cooperation
Euroopa Finantsstabiilsuse Fond preferred
Euroopa finantsstabiilsusvahend
European Financial Stability Facility
  • juunil 2010 loodud eriotstarbeline rahastamisvahend, mille ülesanne on toetada erakorralistesse finantsraskustesse sattunud euroala riike
  • special purpose vehicle legally established by euro-area Member States on 7 June 2010 to issue bonds and provide loans in conjunction with the International Monetary Fund to cover the financing needs of euro-area Member States in difficulty subject to conditionality
Euroopa Finantsstabiilsuse Fond preferred
Euroopa finantsstabiilsusvahend
EFSF abbreviation
European Financial Stability Facility
EFSF abbreviation
Usage examples
  • The EFSF does not provide any further financial assistance, as this task is now performed solely by the ESM (European Stability Mechanism). Nevertheless, the EFSF continues to operate in order to: receive loan repayments from beneficiary countries; make interest and principal payments to holders of EFSF bonds; roll over outstanding EFSF bonds, as the maturity of loans provided to Ireland, Portugal and Greece is longer than the maturity of bonds issued by the EFSF.

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