offsetting losses with future profits is explicitly allowed under Article 33 of Statute of ESCB & ECB ESCB = ECB + EU National Central Banks (NCBs) so this applies to both, the European Central Bank, and all EU National Central Banks

Illya Gerasymchuk 2025-08-14 21:00

equity is the residual claim on assets after all liabilities are paid equity = assets - liabilities so the ECB just covers the loss with their equity. this equity reduction is carried forward to be offset by future profits