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Foto der Veranstaltung der Deutsch-Französische Industrie- und Handelskammer am 23.05.2013 in Paris (c) Robert Kluba

Sound public finances key to a stable currency

According to Bundesbank President Jens Weidmann, sustainable public finances are a necessary precondition for a stable currency. At a conference in Paris, he stated: “Monetary policy in itself cannot create this precondition”. He further commented that, since high levels of public debt also dampen growth, there is good reason to strengthen public finances.

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Dr. Jens Weidmann

"It's worth fighting for"

In an interview with the French magazine Le Point, Bundesbank President Jens Weidmann rejects the idea of dividing the euro area: "The euro is our common currency, and it’s worth fighting for the stability of this currency. I regard this as the task of the Bundesbank and also my own task."

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Foto zeigt Dr. Andreas Dombret im Gespräch

"Anything but a petty crime"

In an interview with the Handelsblatt newspaper, Bundesbank Executive Board member Andreas Dombret discusses the manipulation of reference rates and possible alternatives to the current benchmarks. “Obviously, it would be best in the long run to establish several robust reference rates which are based as far as possible on actual transactions”.

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Dr Jens Weidmann

Low interest rates not forever

„The current period of low interest rates must not be allowed to go on forever. Those who are borrowing at present should bear this in mind”, Bundesbankpresident Jens Weidmann advises in an interview with the Bild am Sonntag. “They should judge the limits of what is sustainable using long-term, normal interest rates rather than today’s very low interest rates.”

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25 Jahre Deutsch-Französischer Finanz und Wirtschaftsrat

Make Europe competitive, together

To make Europe competitive, together – that is the challenge, Jens Weidmann, the Bundesbank President, said at a press conference on the occasion of the 25th anniversary of the Franco-German Financial and Economic Council. Mr Weidmann added that it would take reforms and a reduction of government debt to do so.

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Foto zeigt die neue 5 Euro-Banknote

The new €5 banknote has arrived

The Deutsche Bundesbank issues €5 banknotes of the second euro banknote series, thus bringing the first denomination of the new “Europa” series into circulation in Germany.

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Skyline Frankfurt am Main

Bundesbank symposium 2013

The Bundesbank is holding this year's Bundesbank symposium "Banking supervision in dialogue", on current banking supervision topics on 28 May 2013 at the Marriott Hotel in Frankfurt am Main. Registrations are now being accepted.

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Cover der Publikation "International central banking courses 2013"

Central Banking Courses 2013

The new seminar brochure presents all of the international central banking courses on offer together with the required organisational information and the respective registration forms.

Open file 2012-10-31 | 9 MB, PDF

 

Additional information

Views and Insights

Interest rates

Deposit facility 0,00 %
Main refinancing 0,50 %
Marginal lending        1,00 %
Basic rate of interest-0,13 %

Effective from 2013-05-08
(except of Basic rate of interest)

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