Robert Peston
Media playback is unsupported on your device
Video

What is the Euro bailout fund?

Robert Peston, the BBC's Business Editor, explains what the European Financial Stability Facility (EFSF) is.

The EFSF is currently a temporary fund worth up to 440bn euros set up by the eurozone in May 2010.

You can find out more on our special report: The global economy - making it clear

Go to next video: Why do banks go bust?