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IMF: Austria´s Contribution to Reach € 6.0bn
Politics ♦
Published: April 23, 2012; 17:35 ♦ (Vindobona)

The capital increase at the International Monetary Fund costs Austria € 6.0bn. Austria may receive an executive director. Schieder considers introducing Eurobonds.

On the occasion of the IMF meeting last week, the members resolved to increase capital substantially. Funds will be raised by € 326bn ($ 430bn). The eurozone´s contributions total € 150bn, Austria´s share is 4.0%. As a result, Austria has to raise funds of € 6bn.
The Ministry of Finance commented that there the National Council still has to decide over thereon. Finance…
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