In response to the recent financial crisis, the Eurozone states launched a permanent funding program for the rescue of states undergoing financial crisis called the:

Question

Quizplus · Accepted Answer

The European Stability Mechanism (ESM) was launched by the Eurozone states as a permanent funding program to provide financial assistance to member states undergoing financial crisis. The other options, Eurozone Crisis Act and European Fiscal Compact, are not the correct names of any such programs.

In Response to the Recent Financial Crisis, the Eurozone States