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Europe Daily Bulletin No. 8177

22 March 2002
Contents Publication in full By article 11 / 31
GENERAL NEWS / (eu) eu/ecb

21/03/2002 (Agence Europe) - On Thursday, the European Central Bank announced that it had made a net profit of EUR 10822 billion in 2001 and had transferred 80% of this amount to the central banks in the Euro-zone. In 2000 the ECB made a net profit of EUR 1.99 bn. Total net interest was EUR 771 million as opposed to EUR 1.414 bn for 200, a reduction due essentially to the fall in US interest rates, explained the ECB. The ECB also explained that administrative expenses increased by EUR 283...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION