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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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War against Ukraine: energy embargo could significantly weaken German economy
22.04.2022 DE FR
In the current issue of its Monthly Report, the Bundesbank uses scenario calculations to analyse the potential macroeconomic impact of a further escalation of the war against Ukraine. According to the experts, German real GDP this year could be down by as much as 2% compared with 2021. The inflation rate in Germany in 2022 could be 1½ percentage points higher than expected in the European Central Bank’s March projection.
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Legal basis
08.04.2022 DE
The legal framework for the Eurosystem’s minimum reserve system is enshrined in Article 19 of the Statute of the European System of Central Banks (ESCB Statute), the Council Regulation (EC) on the application of minimum reserves by the European Central Bank and in the ECB Regulation on the application of minimum reserves.
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Der digitale Euro – Vision oder bald Wirklichkeit? Mitgliederversammlung des Norddeutschen Bankenverbands
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Auction result – Treasury discount paper (Unverzinsliche Schatzanweisungen – “Bubills”) of the Federal Republic of Germany
123 KB, PDF
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Invitation to bid for 6-months Bills of the European Stability Mechanism (ESM)
128 KB, PDF
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Invitation to bid for Federal Treasury notes
120 KB, PDF
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German balance of payments in March 2022
The German current account recorded a surplus of €18.8 billion in March 2022, down €2.3 billion on the previous month’s level.
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Announcement of auction – 6-months Bills of the European Stability Mechanism (ESM)
138 KB, PDF
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Invitation to bid – Treasury discount paper (Unverzinsliche Schatzanweisungen – “Bubills”) of the Federal Republic of Germany
127 KB, PDF
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Announcement – Federal Treasury discount paper (Bubills)
147 KB, PDF