The German Panel on Household Finances (PHF) is a representative panel survey on household finance and wealth in Germany, covering the balance sheet, pension, income, work life and other demographic characteristics of private households living in Germany.

Die Hauptverwaltung in Berlin und Brandenburg bietet Fortbildungen für (angehende) Lehrkräfte sowie Vorträge für Schüler und Studierende an. Alle Veranstaltungen sind kostenfrei.

At year-end 2023, Germany’s primary outward foreign direct investment (FDI) stocks were up only marginally on the end of 2022 in net terms, rising from €1,694 billion to €1,701 billion. In particular, the appreciation of the euro – coupled with corresponding negative exchange rate effects – played a part in dampening the small increase in stocks. As in the previous years, equity capital accounted for the bulk of Germany’s primary outward FDI, at €1,851 billion. German investors’ foreign credit positions reduced the direct investment stocks by €150 billion on balance, as claims of €433 billion were outweighed by liabilities of €583 billion.

Eleni worked in the Financial Stability Department during her internship. Read here how she views her time with us.

In this area all documents relevant for customer testing can be found. There are for example documents containing the T2 Mandatory Test Cases, the TARGET Services User Testing Calendar or the User Testing Terms of Reference. 

While the charts on the other webpages of this study illustrate the results of regularly asked core questions, here we show charts on an ad hoc basis mainly relating to special questions for research projects or policy advice.