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International Law

: Law of the EMU and euro

European financial stabilisation mechanism

By Atilla Arda

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The EU's finance ministers have adopted a regulation establishing a European financial stabilisation mechanism with a total volume of up to 500 billion euros. The mechanism is part of a comprehensive package of measures to redress the financial situation in Europe. According to the regulation, member states in difficulties caused...

Full post as published by Law of the EMU and euro on May 12, 2010 (boomark / email).

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