Of course, the Deutsche Bundesbank is not a for-profit private company. But the quintessence of the balance sheet press conference for the past financial year was tough: For the first time since 1979 and thus in 42 years, the Deutsche Bundesbank will not distribute a profit to the federal government, as it only achieved a balanced result. Since the German Bundesbank was founded in 1957, there has only been a total of ten years in which the institute …
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