Ducks in a row

A lot going on under the surface in European central banks 2022 accounts

The annual accounts for most of the National Central Banks (NCBs) that make up the European System of Central Banks (aka, the ECB system) have now been published. There’s a degree of turbulence in the NCB duckpond. It’s quite surprising the media hasn’t taken the time to look at the splashing about more closely. I’ll pick a few items of interest, based…