About: On 9 April 2020, the euro area finance ministers agreed on credit lines with the European Stability Mechanism (ESM) to counter the corona crisis. The ESM loans are estimated at 200 billion euros. However, this figure is misleading. Only a few states would benefit at all over a 10-year government bond in their own country. Moreover, the scope of ESM loans is limited.   Goto Sponge  NotDistinct  Permalink

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  • On 9 April 2020, the euro area finance ministers agreed on credit lines with the European Stability Mechanism (ESM) to counter the corona crisis. The ESM loans are estimated at 200 billion euros. However, this figure is misleading. Only a few states would benefit at all over a 10-year government bond in their own country. Moreover, the scope of ESM loans is limited.
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  • Hamburg
  • Multi-speed Europe
  • Physical chemistry
  • Eurozone
  • International organizations based in Europe
  • International finance institutions
  • 2012 establishments in the European Union
  • European Union organisations based in Luxembourg
  • Organizations established in 2012
  • Policy and political reactions to the Eurozone crisis
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