Saturday

28th May 2016

Ticker

ECB earns profit from Greek loans

The European Central Bank said Thursday that its net profit rose to €1.4bn last year, including €437 million from the holdings of Greek sovereign debt. "The financial result for 2013 reflects the monetary policy stance as well as our commitment to an efficient use of resources," said ECB chief Draghi.

News in Brief

  1. Syrian refugees sue Denmark over immigration law
  2. Ukraine bans Gorbachev for backing Crimea's seizure
  3. Dozens dead in two shipwrecks outside Libya
  4. Slovak PM says his country is no place for Muslims
  5. Juncker's spin-doctor warns of populist 'horror'
  6. EU urges Hungary to end discrimination of Roma children
  7. Majority of voters think UK will stay in EU
  8. Leading MEP says Greek bailout will not work

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