Germany’s Bundesbank posts biggest loss in its history

From RT

The country’s central bank has announced that its reserves have been completely depleted following a staggering $20 billion loss in 2024 The German central bank has reported the largest financial loss since its establishment in 1957, attributing the record $20 billion deficit to soaring interest rates in the EU. The European Central Bank (ECB) began […]

Feb 25th 2025 10:03am EST

Source Link: https://www.rt.com/business/613279-germany-central-bank-loss/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

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