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Geldpolitische Beschlüsse vom 30. Oktober 2025
129 KB, PDF
Der EZB-Rat hat heute beschlossen, die drei Leitzinssätze der EZB unverändert zu belassen. Die Inflation liegt zurzeit in der Nähe des mittelfristigen Zielwerts von 2 %, und die Beurteilung der Inflationsaussichten durch den EZB-Rat ist weitgehend unverändert.
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Challenges Faced by Firms
30.10.2025 DE
Regulation and government rules remained one of the biggest short-term challenges from the perspective of firms: in September, 69 % of firms stated that bureaucracy was a pressing problem. High production and labour costs were considered problematic by 57 % of firms. By contrast, only 11 % of firms recently viewed access to intermediate inputs as a problem; this figure was near pre-pandemic levels again.
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Eurosystem geht zur nächsten Phase des Projekts zum digitalen Euro über
Der EZB-Rat hat den Übergang in die nächste Phase des Projekts zum digitalen Euro beschlossen. Unter der Voraussetzung, dass die EU-Gesetzgeber die entsprechende Verordnung bis 2026 verabschieden, könnte ein Pilotprojekt bereits Mitte 2027 starten. Die erste Ausgabe des digitalen Euro wäre dann ab 2029 denkbar.
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Announcement of a multi-ISIN auction – Reopening of two Federal bonds
227 KB, PDF
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National legal basis
Legal norms in Germany consist of laws and statutory orders. These are also fleshed out in BaFin circulars and guidance notices.
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Ablauf Traineeprogramm (Master)
No English translation available
Überblick über den zeitlichen Ablauf des Traineeprogramms
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Procedural rules SEPA Instant credit transfers for account holders without a bank sort code
For the processing of SEPA Instant credit transfers via the customer access mechanism-Echtzeit (CAM-Echtzeit), the following rules apply. "Procedural rules of the Deutsche Bundesbank for other account holders without a bank sort code regarding the clearing and settlement of SEPA Instant credit transfers submitted by data telecommunication (Procedural rules SEPA Instant credit transfers for account holders without a bank sort code)"
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Elektroniker*in für Geräte und Systeme
No English translation available
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Reopening Federal bond issue – Auction result
216 KB, PDF