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Banque de France Reports Record €7.7 Billion Loss for 2024
The Banque de France announced a record net loss of €7.7 billion for 2024, primarily due to the ECB's interest rate policies responding to the Covid-19 pandemic and the Ukraine war, partially offset by reserves; the German central bank also reported a record loss.
Banque de France Reports Record €7.7 Billion Loss for 2024
The Banque de France announced a record net loss of €7.7 billion for 2024, primarily due to the ECB's interest rate policies responding to the Covid-19 pandemic and the Ukraine war, partially offset by reserves; the German central bank also reported a record loss.
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