Keyword: financialstability

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Keyword: financialstability

Euro Bailout Fund: Germans Pay Less Than Their Neighbors

09/21/2013 8:45:53 PM PDT · by Olog-hai · 2 replies
Der Spiegel ^ | September 20, 2013 – 03:57 PM | (Spiegel/chw)

A new study shows that Germany contributes less per person to the permanent euro bailout fund than residents of several other countries in the European Union. Luxembourg, Holland and Ireland are among the nations paying more per capita. … EU member states have contributed some €48 billion ($65 billion) to the rescue authority to date. The cash contribution of the ESM is expected to increase to a total of €80 billion ($108 billion) by mid-2014, with the next installment due in October. …

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