European Central Bank posts first annual loss in two decades \ stacker news ~econ

European Central Bank posts first annual loss in two decades www.cnbc.com/2024/02/22/european-central-bank-posts-first-annual-loss-in-decades.html

2529 sats \ 4 comments \ @south_korea_ln 22 Feb econ

view all related items

10 sats \ 1 reply \ @BlokchainB 23 Feb

Central bank and losses hard to make sense of it

0 sats \ 0 replies \ @OriginalSize 23 Feb

They just gotta work on their aim

0 sats \ 0 replies \ @shado_op 23 Feb

The loss was €1.4bn, but would have been €8bn had they not used reserves to cover most of the loss. Apparently that is not a problem! Alice in Wonderland economics...

0 sats \ 0 replies \ @koqoo 23 Feb