LuxembourgEuropean Stability Mechanism is the #77,030 most-subscribed YouTube channel worldwide and #42 in Luxembourg, with 922 subscribers and 161.6K total views across 380 videos.
Biography
The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operates under public international law for all eurozone member states having ratified a special ESM intergovernmental treaty. It was established on 27 September 2012 as a permanent firewall for the eurozone, to safeguard and provide instant access to financial assistance programmes for member states of the eurozone in financial difficulty, with a maximum lending capacity of €500 billion. It has replaced two earlier temporary EU funding programmes: the European Financial Stability Facility (EFSF) and the European Financial Stabilisation Mechanism (EFSM).
Channel description
The European Stability Mechanism (ESM) is the crisis resolution mechanism for euro area countries. Like its predecessor -- the temporary European Financial Stability Facility (EFSF) -- the ESM provides financial assistance to euro area Member States experiencing or threatened by financing difficulties.
Latest videos Channel ↗
Frequently asked
- How many subscribers does European Stability Mechanism (ESM) have?
- 922 subscribers — #77,030 worldwide, #42 in Luxembourg.
- What is European Stability Mechanism (ESM)'s real name?
- European Stability Mechanism (ESM)'s real name is European Stability Mechanism.
- When did European Stability Mechanism (ESM) start on YouTube?
- The channel was created in Jun 2013.