ECB, monetary tightening sends the 2023 budget into the red. The monetary tightening initiated by the ECB sends its balance sheet into the black.
It closes with a loss of 1.3 billion euros in 2023 (zero in 2022) after the use of the financial risk fund for 6.6 billion euros. This was announced by the central institute according to which the rise in interest rates has led to an increase in interest expenditure on the ECB's liabilities remunerated at variable rates.