Pursuant to Article 28 of the ESCB Statute, the ESCB national central banks are the sole subscribers to the capital of the ECB. Subscriptions depend on shares which are fixed in accordance with Article 29.3 of the ESCB Statute and which must be adjusted every five years (1.1.2004 and 1.1.2009) or with the accession of new Member States (1.5.2004 and 1.1.2007). The capital keys of NCBs were adjusted by means of transfers among the NCBs. Adjustments to the key for subscription of the capital of the ECB are based on statistical data in accordance with Council Decision of 15 July 2003. The enlargement of the Eurosystem resulted in adjustments of the Eurosystem key for subcription (1.1.2007, 1.1.2008, 1.1.2009 and 1.1.2011).
Source: OeNB. Relevant legal acts are available at the website of the ECB (www.ecb.int).
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