Over 7 million loss at the FEI

The preliminary annual accounts for 2020 and the budget for 2021 were presented at the digital FEI General Assembly. It comes as no surprise, but the FEI is expected to have made a loss of 8 million Swiss francs this year (over 7 million euros).

The FEI is expected to do better again in 2021, but there too it is still expected to lose 1.3 million francs.