Which of the following refers to a permanent bailout fund, worth about

QUESTION

Which of the following refers to a permanent bailout fund, worth about €500 billion, set up by the euro zone nations to restore confidence in the euro?

A. European Fiscal Union

B. European Fiscal Compact

C. Troubled Assets Relief Program

D. European Stability Mechanism

E. European Financial Stability Facility

 

ANSWER

D

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