Article Tools

ESM: Slovakia Pays € 264m

Published: October 4, 2012; 21:45 · (Vindobona)

In October, the Slovak government will transfer € 264m to ESM. This will be the first two installments.

ESM: Slovakia Pays € 264m / Picture: © Vindobona.org

By October 12, the first two cash payments will be sent from Bratislava to Luxembourg. The remaining share capital comes at € 396m. The remaining funds will be paid in 2013 and 2014. In total, Slovakia´s contributions in cash come at € 660m. In order to finance its share in ESM; Slovakia will have to issue government bonds. Moreover, there are guarantees of € 5.786bn. These…

This article includes a total of 221 words.

or Log In

Fast News Search
Related News
Slovakia´s Economy Still Performs Well (September 15, 2012)
World Economic Forum: Slovakia´s Performance Worsens (September 10, 2012)
Nowotny Wants Bank License for ESM (July 26, 2012)
FPÖ Claims Popular Vote on ESM (June 21, 2012)
„Austria Is Threatened by a National Bankruptcy“ (June 20, 2012)
Read More
ESM, Slovakia, Luxembourg, Fiscal Policy, Public Debt, Budget Deficit
Featured
Updated Directory of Foreign Ambassadors in Austria 2019
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter