General Search
Multiple search words are automatically linked with "AND". Text enclosed in quotation marks (") returns only the pages in which this text occurs exactly. With the search filters next to the results you have the possibility to further limit your search.
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Central banking in an age of geoeconomic fragmentation and global uncertainty Speech at the 157th Baden-Badener Unternehmer Gespräche
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German economy closes 2025 with significant gains
19.02.2026 DE
German economic output rose significantly in the fourth quarter of 2025, according to the Monthly Report. Growth towards the end of the year was primarily driven by private and government consumption. Households probably also benefited from strong wage growth. Industry grew its production and construction output rose significantly. According to the experts, there is no sign of any short-term trend reversal for the better in the labour market. The inflation rate stood at around 2 % at the turn of the year.
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Payment institutions and e-money institutions
In the Federal Republic of Germany, payment services are regulated pursuant to the Payment Services Oversight Act (Zahlungsdiensteaufsichtsgesetz, ZAG).
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The Deutsche Bundesbank and the European Commission have launched another EU-funded programme to further support central banks and banking supervisory agencies in EU candidate countries and potential candidates from the Western Balkans
The Deutsche Bundesbank, 19 national central banks of the European System of Central Banks (ESCB) and the European Central Bank (ECB), have today jointly launched Phase III of the EU-funded “Programme for Strengthening the Central Bank Capacities in the Western Balkans” with a view to the integration to the European System of Central Banks.
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Announcement of auction – Reopening 10-year Federal bond
201 KB, PDF
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Dataset updates
The following datasets have been updated by the RDSC and are now available for research projects:
BOP-F, SIFCT, BOP-HH -
Reopening Green Federal bond issue – Auction result
219 KB, PDF
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MFI-Zinsstatistik für den Euroraum: Januar 2026
199 KB, PDF
Der gewichtete Indikator der Kreditfinanzierungskosten für neue Kredite an Unternehmen lag unverändert bei 3,57 %, während der entsprechende Indikator für neue Wohnungsbaukredite an private Haushalte mit 3,35 % ebenfalls weitgehend stabil blieb.
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Announcement of auction – Reopening of Federal Treasury notes
199 KB, PDF