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The INESS Institute, independent Slovak think tank, runs a regularly updated the Euro Bill on its specialized website eurokriza.sk. The Bill contains structured records of all Slovak guarantees, borrowings, and share of bond purchases related to the Euro-rescue efforts.

After the last update from the late March 2012, the Euro Bill reached EUR 1869 per capita in Slovakia. The level of currently activated funds rose to EUR 495 per capita.

Following events and changes were involved in the last update round:

  • Number of Slovak citizens corrected according to the latest statistical records
  • Ongoing sovereign bond purchasing program
  • Activation of new IMF loan for Greece and closing of the old one
  • EUR/SDR currency rate adjustments
  • New payments provided by EFSM
  • New payments from IMF
  • New payments from EFSF

New obligations resulting from the ESM deal were not counted in yet. It will be involved when all details of the deal are known and the ratification process is finished.

Martin Vlachynský

INESS, Bratislava, Slovakia, 4 April 2012