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Uwe Nebgen President of the Regional Office in Hamburg, Mecklenburg-West Pomerania and Schleswig-Holstein
Since November 2024
President of the Regional Office in Hamburg, Mecklenburg-West Pomerania and Schleswig-Holstein -
TARGET Services
We provide you with information regarding TARGET Services in this restricted service area.
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Konjunktur und Preise
No English translation available
Die Konjunktur- und Preisentwicklung in Deutschland und in anderen Ländern wird in verschiedenen Statistiken abgebildet.
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International investment position
In the first quarter of 2025, the German net international investment position (i.i.p.) decreased by €51 billion to €3.4 trillion; that equates to 79 % of gross domestic product (GDP). German claims on non-residents now stand at €13.8 trillion. This compares to German liabilities amounting to €10.3 trillion.
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The Origin of Money – Part III: Central Bank Money
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2023 – Banded demoiselle €5 collectors’ coin with partially coloured motif
The German government has decided to mint a €5 collectors’ coin entitled “Banded demoiselle”, to be issed at 9 November 2023. It is the fifth coin issued as part of the “Wonderful world of insects” series, which will see a total of nine coins with partially coloured motifs issued from 2022 to 2024.
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2020 – On land €10 collectors’ coin with a red bronze outer ring
The €10 collectors’ coin “On land” featuring a colourless polymer ring and a red bronze outer ring was issued on 10 September 2020. This coin is the second in a three-part series, “Air Moves” (2019‑21).
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2019 – Temperate climate zone €5 collectors' coin with a green polymer ring
The €5 collectors' coin with an green plastic ring was issued in September 2019. It was minted on behalf of the German government and is the third in a five-part series, “Climate zones of the Earth” (2017-21).
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What is T2?
T2 is the TARGET Service for the liquidity management of all TARGET Services and the settlement of individual payments. It consists of the components CLM (Central Liquidity Management) and RTGS (Real-Time-Gross-Settlement).
