Establishment: May 9, 20 10, decided by the member states of Euro Zone 17, and established under the framework of the Council of European Union Ministers of Economy and Finance.

Institutional responsibilities: provide emergency loans to euro zone member countries that apply for assistance and get approval. Financing by issuing bonds with the credit of euro zone member countries as collateral.

Nature: Company, jointly owned by the member countries of the euro zone.

2.

In the middle of 2065 438+0 1 10, the capital scale has increased from 440 billion euros (about 250 billion euros in loanable funds) to 780 billion euros (about 440 billion euros in loanable funds). However, since loanable funds has spent nearly 200 billion euros on the EFSF's practical assistance to Irish and Portuguese countries and its commitment to aid Greece, the remaining balance of the EFSF loan is about 250 billion euros.

With the deepening of the European debt crisis, EFSF rescue funds have been stretched. 20111654381After the EU summit on October 27th, a preliminary agreement was reached to further expand the EFSF fund to over one trillion euros by using financial leverage. The specific operation needs to be negotiated.

3. It can be understood this way.