Finnish cbank transfers 129m euros to govt

At its meeting on Mar 9, 2001, Finland's parliamentary supervisory council approved the Bank of Finland's balance sheet and profit and loss account for 2000, and decided to transfer approximately 129m of its 309m euros profit to the state. The remaining 180m euros was transferred to the central bank's reserve fund. The last time that part of the Bank of Finlands's profit was last transferred to the state in 1984.

The transfer of profit to the government is now possible because the Bank's rese

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