Monday, 17 September 2012

ESM Contribution Key and Share Capital

Below you'll find the contribution key and Share Capital allocations (located in the last two pages of this 62 page report) for the European Stability Mechanism (ESM), the bail out fund for financially struggling European countries in the euro area.

Here's the contribution key,


Contribution Key of the ESM

ESM Member

ESM key (%)





Kingdom of Belgium



3,4771



Federal Republic of Germany



27,1464



Republic of Estonia



0,1860



Ireland



1,5922



Hellenic Republic



2,8167



Kingdom of Spain



11,9037



French Republic



20,3859



Italian Republic



17,9137



Republic of Cyprus



0,1962



Grand Duchy of Luxembourg



0,2504



Malta



0,0731



Kingdom of the Netherlands



5,7170



Republic of Austria



2,7834



Portuguese Republic



2,5092



Republic of Slovenia



0,4276



Slovak Republic



0,8240



Republic of Finland



1,7974



Total





100,0






And the Share Capital allocation is as follows,


Subscriptions to the authorised capital stock

ESM Member

Number of shares





Capital subscription (EUR)





Kingdom of Belgium



243 397



24 339 700 000



Federal Republic of Germany



1 900 248



190 024 800 000



Republic of Estonia



13 020



1 302 000 000



Ireland



111 454



11 145 400 000



Hellenic Republic



197 169



19 716 900 000



Kingdom of Spain



833 259



83 325 900 000



French Republic



1 427 013



142 701 300 000



Italian Republic



1 253 959



125 395 900 000



Republic of Cyprus



13 734



1 373 400 000



Grand Duchy of Luxembourg



17 528



1 752 800 000



Malta



5 117



511 700 000



Kingdom of the Netherlands



400 190



40 019 000 000



Republic of Austria



194 838



19 483 800 000



Portuguese Republic



175 644



17 564 400 000



Republic of Slovenia



29 932



2 993 200 000



Slovak Republic



57 680



5 768 000 000



Republic of Finland



125 818



12 581 800 000



Total





7 000 000





700 000 000 000





So, Spain, Greece, Portugal, Ireland etc will have to contribute money they don't have as part of bailing themselves out. It really is brilliant isn't it, you could not make this up, could you!

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