In such circumstances, the ECB has to set its policy rate in such a way as to ensure price stability. Thereby we support the economy and create the conditions for profitable investment opportunities – and this is also of benefit to German savers. So what would you say to Germans who are worried about their retirement provision?
In total, in respect of both these factors, the income statement of the corporate sector improved by RSD 203.4 bln in 2016 relative to 2014. Given that the corporate sector has interest-bearing receivables, calculating positive exchange rate differences on FX receivables, the effect of savings in these two items on the profitability of the corporate sector equals RSD 148.4 bln in this period.