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Europe Daily Bulletin No. 10729

14 November 2012
ECONOMY - FINANCES / (ae) eurozone

13/11/2012 (Agence Europe) - ESM: €32 billion of capital paid in. Klaus Regling, ESM managing director, said on Monday 12 November that the eurozone had paid in €32 billion of the €80 billion start-up capital for the European Stability Mechanism, the eurozone's bailout fund with total lending capacity of €500 billion that came on stream in October. He said that the ESM would be bailing out Spain's banks, for which up to €100 billion has been earmarked. (MB/transl.fl)

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ECONOMY - FINANCES
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
SOCIAL AFFAIRS - EDUCATION -CULTURE