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Jens Weidmann and Klaas Knot at the Frankfurt Book Fair with students.

Weidmann and Knot in discussion with students

Students from various countries discussed Europe and European monetary union with Jens Weidmann, President of the Deutsche Bundesbank, and Klaas Knot, President of De Nederlandsche Bank, at the Frankfurt Book Fair.


Contactless payment with a credit card

CONTACTLESS: A convenient way to pay

Contactless technology is another way that your card or mobile phone can communicate with a retailer's point of sale terminal. Contactless payment is a feature that is being included with an increasing number of debit, credit and prepaid cards. Some mobile phones can also be configured for contactless payments.


Blue digital binary data on computer screen

G7 countries endorse fundamental elements of cybersecurity

G7 Fundamental Elements of Cybersecurity for the Financial Sector endorsed by G7 finance ministers and central bank governors on the margins of IMF annual meeting in Washington, DC


Bundesbank President Jens Weidmann, left, and German Finance Minister Wolfgang Schaeuble

Weidmann rebuffs IMF

Bundesbank President Jens Weidmann has rebuffed demands by the International Monetary Fund for Germany to use fiscal policy space for growth-stimulating measures. A more accommodative German fiscal policy would not relieve the perceived drag on the global economy, he said at a press conference following the IMF-World Bank Annual Meetings.


Flags of Europe

Monetary union making its members more resilient

In the current issue of the Monthly Report, the Bundesbank’s economists report that the European monetary union is making its member states more resilient to global financial shocks, such as a financial crisis. However, this protective function could mean that member states do not respond assertively enough when things go wrong.


Andreas Dombret in front of an artwork

Dombret: "Global economic recovery still on track"

The International Monetary Fund's Annual Meeting is being held in early October against the backdrop of weak global growth, low inflation rates and modest growth in world trade. The risk of prolonged stagnation is being overstated, said Bundesbank Executive Board member Andreas Dombret ahead of the meeting.


Jens Weidmann during a speech

Weidmann: Give policy decisions time

Bundesbank President Jens Weidmann has spoken out in favour of giving the monetary policy measures time to take effect. Speaking at the Bundesbank's inaugural Capital City Reception in Berlin, he said it was in any case unrealistic to expect the measures to have an immediate impact on inflation.


Mark Carney

Carney: Climate change an opportunity for financial stability

Bank of England Governor Mark Carney argues that transitioning to a low carbon economy presents more opportunities than risks. He used the Arthur Burns Memorial Lecture in Berlin to explain why green finance cannot conceivably remain a niche interest.


Skyline Frankfurt am Main

Improved performance of German banks in 2015

German banks continued to improve their performance in 2015. However, an analysis in the Bundesbank's September Monthly Report also reveals that the sustained pressure on margins is increasingly squeezing the profit potential from interest business.


Shopping street with convertible and sightseeing bus

Is monetary policy increasing inequality?

Critics claim that the Eurosystem's current monetary policy stance is increasing the inequality of wealth distribution. An analysis in the Bundesbank's latest Monthly Report shows that they shouldn't jump to conclusions.


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