What is the European Financial Stability Facility?

There are a lot of acronyms flying around the eurozone crisis, and one of the more frequent ones to crop up is "EFSF".

The European Financial Stability Facility is huge bailout fund for the eurozone.

But what exactly does that mean, and how does it work? BBC business editor Robert Peston explains.

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

  • Business