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Central bank expects healthy profit for 2011

Switzerland's central bank said on Friday that it expects to post a significant profit for 2011 after taking advantage of rising gold prices and positive foreign currency trades.

Published: 13 January 2012 17:17 CET
Central bank expects healthy profit for 2011

The Swiss National Bank (SNB) expects to generate 13 billion francs (€10.7 billion) profit, having suffered a loss of 21 billion francs in 2010.

This rebound was achieved particularly through the surge in gold prices which yielded a profit of more than 5.0 billion Swiss francs, the SNB said in a statement.

Foreign currency positions contributed up to around 8.0 billion francs in profit, while the stabilization fund to deal with the 2008 toxic assets of UBS bank should also contribute to the result.

The final results will be published on March 8th.

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FOOTBALL

‘I’m fine — under the circumstances’: Collapsed Danish striker tweets from hospital

Christian Eriksen, the Danish football player who collapsed on the pitch in his country's opening Euro 2020 game, said that he was doing "fine" in an Instagram post from hospital on Tuesday.

Published: 15 June 2021 10:50 CEST
'I’m fine — under the circumstances': Collapsed Danish striker tweets from hospital
Danish striker Christian Eriksen tweeted a picture of himself in hospital. Photo: DBU

“I’m fine — under the circumstances, I still have to go through some examinations at the hospital, but I feel okay,” he wrote in a post accompanying a photo of him smiling and giving a thumbs-up while lying in bed.

In a scene that shocked the sporting world and beyond, the 29-year-old Inter Milan midfielder suddenly collapsed on the field in the 43rd minute of Denmark’s Group B game on Saturday against Finland in Copenhagen.

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Medical personnel administered CPR as he lay motionless on the field for about 15 minutes before being carried off the pitch and rushed to hospital. He was later confirmed to have suffered cardiac arrest.

“Big thanks for your sweet and amazing greetings and messages from all around the world. It means a lot to me and my family,” he wrote in Tuesday’s post. “Now, I will cheer on the boys on the Denmark team in the next matches. Play for all of Denmark.”

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