Germany might be asked to stump up €1bn if rumours picked up by Reuters prove accurate.
the need has arisen because of the ECB’s bond buying programme, and fears that more bonds might need to be bought and that existing bonds could fall in value: “The issue is that the ECB is worried about potential losses
from its bond buying. At the moment we are buying very modest amounts, but what if that is increased, and what if the bonds you buy are suddenly
worth 30 percent less?”
Euro members between them pay 70 per cent of the capital; EU but non-euro members pay the remainder. Thus Germany pays the most, closely followed by France and Italy (see table, right).