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Thursday, February 21, 2013

Greek Bonds: A Nice Earner for ECB


The West Australian

Greek Bonds: A Nice Earner for ECB
Wall Street Journal
Net profit for the central bank rose 37% from a year earlier to €998 million ($1.32 billion) in 2012. The figure included €555 million in interest income from Greek government bonds, down from €654 million in 2011, the ECB's annual accounts showed.
ECB earns €555m on Greek bond holdingsFinancial Times
UPDATE 1-ECB Greek bond profits promise funds for AthensReuters

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READ THE ORIGINAL POST AT online.wsj.com