BERLIN, March 18 German Finance Minister
Wolfgang Schaeuble was quoted on Friday as saying paid-in
capital of the new ESM euro bailout mechanism may be around 80
Schaeuble told the Sueddeutsche Zeitung that if the
European Stability Mechanism, which will go into force in 2013,
had this level of paid in capital, then Germany's contribution
would be 22 billion euros.
However, he told the newspaper that the exact size had not
yet been decided.
The ESM will have a total capacity of 500 billion euros.
Euro zone leaders agreed last week that the ESM's lending
capacity would be ensured through a mix of paid-in capital,
callable capital and guarantees.
(Editing by Leslie Adler)