ESM Charges € 262 From Every Austrian

Politics ♦ Published: September 24, 2013; 15:12 ♦ (Vindobona)

The establishing of the European Stability Mechanism (ESM) burdens every Austrian citizens with an average amount of € 262. Luxembourg is the country contributing the most per capita followed by Ireland.

ESM Charges € 262 From Every Austrian / Picture: © European Commission

In 2012, the establishing of the European Stability Mechanism ESM cost every Austrian an average amount of € 262. With € 373 per capita, Luxembourg is the country where citizens had to pay to highest amount followed by Ireland with € 277 per capital. This was reported by German magazine “Spiegel” on Monday. According to the magazine, the figures were listed in an overview of…