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Апрель
2023

Bank of Estonia's investment loss has no effect on public finances

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Bank of Estonia (Eesti Pank) made a loss of €157 million on investments in 2022, but covered the loss with funds previously accumulated and ended the year with a balance of zero. This has no effect on the public finances: the losses could be covered for years if necessary, and the central bank anticipates a profit this year.



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