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Europe Daily Bulletin No. 13133

3 March 2023
Contents Publication in full By article 27 / 32
NEWS BRIEFS / Economy
Bundesbank records first loss in over four decades

02/03/2023 (Agence Europe)The Bundesbank announced, on Wednesday 1 March, that it had recorded a loss in 2022, a situation that had not occurred since 1979. The cause: the forced normalisation of the ECB’s monetary policy, which began last summer and which obliges the Eurosystem’s central banks to remunerate commercial banks for the liquidity they deposit at their counters. The loss of €172 million posted is covered by provisions made in previous years. Bundesbank Governor...

Contents

SECTORAL POLICIES
EXTERNAL ACTION
Russian invasion of Ukraine
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
SOCIAL AFFAIRS
NEWS BRIEFS