art_2__para_1__text_2

Council Regulation (EU) No 407/2010 of 11 May 2010 establishing a European financial stabilisation mechanism · European Union

To this end, in accordance with a Council decision pursuant to Article 3, the Commission shall be empowered on behalf of the European Union to contract borrowings on the capital markets or with financial institutions.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-10 · Text as adopted (Official Journal); later amendments are not incorporated in this text.