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,
And the Share Capital allocation is as follows,
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!
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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