Publication
22 Apr 2011
On March 24 2011, the European Council adopted a decision to amend the treaty in order to create a legal basis for the European Stability Mechanism. Thus began the negotiations of intergovernmental agreement between members of the euro area setting out the details of the structure and tasks of the mechanism. Although it is designed to bring financial stability in the euro area, its initial financing capabilities are limited.
Download |
English (PDF, 2 pages, 230 KB) |
---|---|
Author | Agata Gostyńska, Paweł Tokarski |
Series | PISM Bulletins |
Issue | 257 |
Publisher | Polish Institute of International Affairs (PISM) |
Copyright | © 2011 Polish Institute of International Affairs (PISM) |