The remaining net profit is to be distributed to the euro area NCBs in proportion to their paid-up shares. In the event of a loss incurred by the ECB, the shortfall may be offset hdfc personal loan against the general reserve fund of the ECB and, if necessary, following a decision by the Governing Council, against the monetary income for the relevant financial year in proportion and up to the amounts allocated to the euro area NCBs in accordance with Article32.5 of the Statute of the ESCB. [1]Decision ECB/2006/17 of 10 November 2006, OJ L 348, 11.12.2006, p. 38, as amended, containing the detailed accounting policies of the ECB, was repealed and replaced by Decision ECB/2010/21 of 11 November 2010, OJ L 35, 9.2.2011, p.1, with effect from 31 December 2010. [2]DecisionECB/2010/24 of 25November2010 on the interim distribution of the income of the European Central Bank on euro banknotes in circulation and arising from securities purchased under the Securities Markets Programme (recast), OJL6, 11.1.2011, p.35.The highest level of average personal debt is found in Wales, closely followed by the South West and London - two regions where the cost of living is typically significantly higher than the rest of the UK.
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A spokesman for the New York Stock Exchange, Rich Adamonis, confirmed the exchange received the letter and said it had no immediate comment. Argentina has asserted its sovereignty over the islands ever since they came firmly under British control in 1833.
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