Word of the Day 10/20/11: European Financial Stability Facility (EFSF)

Today’s “Word of the Day” is European Financial Stability Facility (EFSF). The EFSF is organization created by the European Union to provide assistance to member states with unstable economies. The fund raises money by issuing debt, and distributes the funds to eurozone countries whose lending institutions need to be recapitalized, who need help managing their sovereign debt or who need financial stabilization.

Speech by Sharon Bowles MEP (ALDE ADLE) on : European Financial Stability Facility and European Financial Stabilisation Mechanism and future actions [Auteur] [Language EN original] Bowles_100706_180305_auth_en

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6 Responses to “Word of the Day 10/20/11: European Financial Stability Facility (EFSF)” Subscribe

  1. whpriol1 January 31, 2013 at 3:44 am #

    Stavros really said DATE.

  2. satvistayou January 31, 2013 at 4:20 am #

    Good one! Need more like these Lauren!

  3. MrViTopol January 31, 2013 at 4:46 am #

    ohhh, the new masturbatory channel. waw

  4. Jermaine Augustine January 31, 2013 at 5:23 am #

    come to the dark side…. we got cookies :)

  5. Ryan S January 31, 2013 at 5:28 am #

    its all a ponzi scheme.

  6. ZKY2 January 31, 2013 at 6:10 am #

    Tall dude is tall.

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