Wolfgang Schauble, Germnay’s Finance Minister, announced that Germany would pay its contribution to the European Stability Mechanism in 2012. It’s supposed to be paid in over 5 years in 5 equal installments. Its lending capacity is supposed to be 500 billion euros.

Wolfgang says his aim is to create trust. In order to do this, there are rumors that the contribution may be much larger than expected. Everybody knows that only Germany is capable of doing this.