Reuters (December 16)
2022/ 12/ 18 by jd in Global News
“The euro zone will soon have to pay for a decade of European Central Bank largesse. Rising interest rates are turning the ECB’s portfolio of bonds acquired since 2014 into a money-losing machine. The question of how those losses are shared could become a major source of tension between member states.”
Tags: 2014, Bonds, ECB, Euro zone, Interest rates, Largesse, Losses, Money-losing, Portfolio, Rising
