Speaking at the 34th European Banking Congress in Frankfurt am Main, Bundesbank President Joachim Nagel stressed the need for a united Europe in order to meet the many challenges it faces. In a joint appeal with François Villeroy de Galhau, Governor of the Banque de France, the pair highlighted the importance of strengthening Franco-German dialogue as a tool for European progress.

Since 4 January 2010
President of the Regional Office in Berlin and Brandenburg

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The monetary policy strategy of the Eurosystem attaches great importance to monetary developments.

Germany’s automotive sector is currently undergoing a process of profound transformation, the Bundesbank explains in its latest Monthly Report. The transition to e-mobility poses major challenges for German manufacturers of motor vehicles and motor vehicle parts, it writes. In addition, the international environment is less favourable, with sluggish growth in the global automotive market and rising competitive pressure from China.

The German financial system has weathered the period of exceptionally strongly rising interest rates well overall and remained stable over the past twelve months, too. Interest rates have gone back down in the meantime.

since 1 October 2014
President of the Regional Office in Rhineland-Palatinate and Saarland

Since November 2024
President of the Regional Office in Hamburg, Mecklenburg-West Pomerania and Schleswig-Holstein