The financial assistance fund and EU law

HOLUBÁŘOVÁ, Nikol. The financial assistance fund and EU law. In Rijeka Doctoral Conference, 2022. 2022.

Basic information

Original name

The financial assistance fund and EU law

Name in Czech

Fond finanční asistence a právo EU

Authors

HOLUBÁŘOVÁ, Nikol (203 Czech Republic, guarantor, belonging to the institution)

Edition

Rijeka Doctoral Conference, 2022. 2022

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Other information

Language

English

Type of outcome

Prezentace na konferencích

Field of Study

50500 5.5 Law

Country of publisher

Croatia

Confidentiality degree

není předmětem státního či obchodního tajemství

RIV identification code

RIV/00216224:14220/22:00127411

Organization unit

Faculty of Law

Keywords in English

Financial asistance; financial stability; European stability mechanism; Recovery and resilience facility; eu policy

Tags

International impact

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Abstract

V originále

One of the first steps how to solve the euro crisis was to set up several temporary financial assistance funds. However, this temporariness seemed to be a nuisance, so an intergovernmental agreement between euro area Member States and the EU, in particular the reform of the EU Treaty, led to the establishment of a permanent financial assistance fund - the European Stability Mechanism (ESM). The ESM is also one of the funds to be involved in the European strategy , the so-called Recovery and Resilience Facility for the EU.