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The European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM)

Structure, Objectives and Principles of Operation

Seminar Paper, 2012

41 Pages, Grade: 1,0

Marcus Stallechner (Author)

Excerpt

Table of Content:

I. Abstract

II. The European Financial Stability Facility (EFSF)
1. Emergence of the EFSF
2. Structure
2.2. Capital Structure
3. Principles of Operation
3.1. Process of Support Requests
3.2. Funding Strategy
4. Structures and Objectives of Financial Support Instruments
4.1. Bank Recapitalisation
4.2. Precautionary Programme
4.3. Primary Market Intervention
4.4. Secondary Market Intervention
5. Lending Operations
5.1. The Programme for Ireland
5.2. The Programmes for Portugal, Greece, Spain, and Cyprus

III. The European Stability Mechanism (ESM)
1. Introduction
2. History
2.1 Generic
2.2 Treaty Basis and Ratification
3. Structure
3.1 Governance Structure
3.2 Capital Structure and Contribution
4. Funding Objectives and Principles
4.1 Procedure
4.2 Instruments

IV. Conclusion

V. Questions

Excerpt out of 41 pages

Details

Title: The European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM)
Subtitle: Structure, Objectives and Principles of Operation
College: University of Applied Sciences Augsburg
Grade: 1,0
Authors: Marcus Stallechner (Author)Daniel Kolb (Author)
Year: 2012
Pages: 41
Catalog Number: V213950
ISBN (eBook): 9783656424062
ISBN (Book): 9783656424604
File size: 1539 KB
Language: English
Keywords: ESM, EFSF, Rettungsschirm

Quote paper: Marcus Stallechner (Author)Daniel Kolb (Author), 2012, The European Financial Stability Facility (EFSF) and the European Stability Mechanism (ESM), Munich, GRIN Verlag, https://www.grin.com/document/213950

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