#ECB profit drops in 2020 as bonds under an old purchase program expired. Profit fell to €1.6bn fr

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#ECB profit drops in 2020 as bonds under an old purchase program expired. Profit fell to €1.6bn from record €2.4bn while the balance sheet grew to €569bn amid pandemic relief. Balance sheet of entire Eurosystem jumped to almost €7tn on QE. h/t Holger Zschaepitz

#ECB profit drops in 2020 as bonds under an old purchase program expired. Profit fell to €1.6bn fr

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