European Stability Mechanism

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ESM
Pronunciation
/ˌjʊrəˈpiən stəˈbɪlɪti ˈmɛkəˌnɪzəm/
Category
Business
Related Field
Banking

Examples in Context

  1. Here we need to review all options for the size and scope of our financial backstops – not only for the current ones, but also for the permanent European stability mechanism too.
  2. The official said Angela Merkel, German chancellor, will make it clear that use of the permanent European stability mechanism, which comes into existence in 2013, can only be used as a last resort when the euro itself is under threat.
  3. And when they designed the European financial stability facility, they created a mechanism suitable only for small countries.
  4. The European financial stability facility was set up to handle small countries, such as Greece, Portugal and Ireland; it is useless as a mechanism to protect Italy or Spain.

Other meanings of ESM

Enterprise System Manager Misc
Ecumenical Social Ministries Misc
Electronic Service Manual Academic
Electronic Support Measures Gov
Enterprise Systems Management Computing
Easy Setup Media Community
Electrical Systems Management, LTD. Business
Educational Service Manager Business
Exhibitor Services Manual Misc
Electronic Sensing Measures Gov