Navigation and service


Market trend

Temporary fiscal space to fund refugee influx

The Bundesbank writes in its current Monthly Report that the German government budget surplus looks set to increase still further in the current year but be more or less entirely run down in 2016. Rising expenditure in connection with the influx of refugees is one of the rea-sons. This is where the benefits of maintaining a safety margin to the fiscal limits pay off, since they enable unexpected expenses to be quickly covered without leaving a hole in the budget.


Financial Stability Review 2015

Banks and insurers jeopardised by low-interest-rate-environment

Persistently low interest rates pose risks to financial stability, warn Bundesbank Deputy President Claudia Buch and Executive Board member Andreas Dombret at the press conference to unveil the Bundesbank's 2015 Financial Stability Review. This, they caution, applies particularly to banks and insurers.


Foto zeigt eine Hand, die auf ein Liniendiagramm zeigt

Countercyclical capital buffer: more capital to counter crises

The countercyclical capital buffer is designed to make banks more resilient and thus combat the threat of financial crises. A Bundesbank paper profiles this new instrument and explains how it makes banks provide for lean years during years of plenty.  


Two microphones in front of an audience

Live stream of the press conference on the Financial Stability Review

Bundesbank Deputy President Claudia Buch and Executive Board Member Andreas Dombret will be presenting the Bundesbank's Financial Stability Review on 25 November 2015. The press conference will be streamed live on the Bundesbank website.


Carl-Ludwig Thiele presents the new €20 banknote

The new €20 banknote is even more secure

The new €20 banknote provides for even greater security in cash payments. Its new security feature - a window in the hologram stripe - would be very difficult to forge, says Bundesbank Executive Board member Carl-Ludwig Thiele. The new banknote was launched on the 25th of November.


Third IMF Statistical Forum in Frankfurt am Main, Germany, on 19 and 20 November 2015 © Frank Rumpenhorst

Good statistics are of vital importance

"Without data, policies cannot move forward," said Min Zhu of the International Monetary Fund (IMF) at the 3rd IMF Statistics Forum in Frankfurt. Around 150 data producers, policy makers and academics discussed the future of statistics at the high-level, two-day conference, which was hosted by the Bundesbank.


Jens Weidmann

Weidmann awarded International Prize by Hayek Foundation

Bundesbank President Jens Weidmann has been awarded the International Prize of the Hayek Foundation. The award was mainly in recognition of Mr Weidmann's commitment to stability-oriented monetary policymaking by central banks and his opposition to excessive government debt.


Jens Weidmann at the Frankfurter European Banking Congress

Weidmann sees growing risks of loose monetary policy

The longer euro-area monetary policy remains loose, the greater its risks. In this regard, Bundesbank President Jens Weidmann, speaking at the European Banking Congress in Frankfurt am Main, referred to excesses in the financial markets and problems being faced by life insurers. Moreover, "... we should not ignore the risk that fiscal policy could get used to the very low interest rates".


Carl-Ludwig Thiele at the Conference

New payment methods: trust is paramount

Communication in real time is something we all take for granted. And consumers nowadays expect to be able to bank just as quickly. Bundesbank Executive Board member Carl-Ludwig Thiele says that providers vying for a stake in the new digital services market will only prevail if they can inspire long-term confidence in consumers.


Cash payment with a 50-euro banknote in a department store

Positive consumption activity supporting economic growth

According to the current issue of the Bundesbank's Monthly Report, the German economy remained on its growth path in the third quarter of 2015. Real GDP rose by a seasonally and calendar-adjusted 0.3% between July and September compared with the previous quarter. Domestic consumption was the main driver of economic growth.


Additional information

iTunes App Store
Google Play


External Communication

+49 69 9566-3511

Our Information Call-Center is available Monday to Thursday from 08:00am to 06:00pm and Friday from 08:00am to 05:00pm.