110 Billion to rescue Greece in 2010 seemed like a lot. Politicians underestimated the power of capital flows. To counterbalance international capital markets, which can trade $2.6 trillion on a quiet day, the size of the fund has progressively grown.
The fund is still miniscule compared to the approximately $2 trillion China has in reserves to stablilize its currency. Curious also that Italy and Spain are in it for about a quarter when both countries may soon be in dire need of the funds assests. In the next month economists will learn how the inevitable (the end of the Euro as we know it) can play out politically.