| 单词 |
european financial stabilization mechanism |
| 释义 |
European Financial Stabilization Mechanism European Financial Stabilization MechanismA lending facility established by the European Union to bail out member states in danger of default and other fiscal stress. The EFSM is permitted to borrow in order to finance its objectives. Its debt is collateralized by the EU budget. It began operations in 2011 with a bond issue to assist the Irish government. |
| 随便看 |
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