Die Ersparnisbildung (netto) im Euroraum erhöhte sich im Jahr 2021 auf 818 Mrd € (dies entspricht 8,3 % des verfügbaren Nettoeinkommens im Euroraum), verglichen mit 796 Mrd € in den vier Quartalen bis zum dritten Jahresviertel 2021. Die Nettosachvermögensbildung im Eurogebiet stieg auf 515 Mrd € (was 5,2 % des verfügbaren Nettoeinkommens entspricht).

Die Europäische Zentralbank (EZB) und die Banca Naţională a României (BNR) haben eine Fortführung der Repo-Linie zur Bereitstellung von Euro-Liquidität an die BNR vereinbart. 

A substantial share of bank loans of euro area banks is secured with real estate. In a new study, we examine whether, in the low interest rate environment, banks invested more in foreign real estate-backed lending. Our results suggest that regulatory differences between the bank’s home country and possible destination countries matter for banks’ search for yield.

Despite the impact of the coronavirus pandemic, euro area enterprises and households have not seen their debt situation deteriorate significantly. This is the conclusion reached by Bundesbank experts after examining developments in greater detail. “The expected normalisation of monetary policy will probably not unduly exacerbate the debt situation of non-financial corporations and households,” they also note in the current edition of the Bank’s Monthly Report