Gewinn und Verlust der Bundesbank

The financial crisis and the measures taken to deal with it led to profound changes in how national central banks operate in the euro area. As a consequence, the balance sheet of Germany's Federal Bank has also grown lengthier, which could lead to higher gains - or bigger losses. Timo Sebastian Heller takes a close look at both current regulations for the distribution and disposition of banks' profits as well as possible ways to deal with heavy losses.