FRANKFURT, Feb 23 (Reuters) - The European Central Bank
suffered a loss last year as its own interest rate increases
forced it to write down the value of some bonds and fork out
billions of euros on balances created during a decade of massive
money-printing, its annual account showed on Thursday.
While the 1.6 billion loss was entirely covered by
provisions, it raises questions about whether the ECB might one
day run out of such buffers and who will foot the bill of its
past largesse now that inflation is back and rates high.
(Reporting by Francesco Canepa;
Editing by Alison Williams)
Messaging: francesco.canepa.thomsonreuters.com@reuters.net))
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