Topic - European Financial Stability Facility

The European Financial Stability Facility (EFSF) is a special purpose vehicle agreed by the 27 member states of the European Union on 9 May 2010, aiming at preserving financial stability in Europe by providing financial assistance to eurozone states in economic difficulty. The Facility is headquartered in Luxembourg City, and the European Investment Bank provides treasury management services and administrative support to it through a service level contract. - Source: Wikipedia