German enterprises constitute net debtors vis-à-vis non-residents: Standing at €1798 billion at the end of August 2025, their liabilities arising from financial operations and trade credits, exceeded their corresponding assets of €1501 billion by €297 billion. Compared with the previous month, this is a change of €25 billion.

Merchants are not just participants in the digital euro project – they are its driving force, said Executive Board member Burkhard Balz during an event in Brussels. Representatives from politics, business and trade discussed the opportunities and challenges presented by a digital euro during the conference entitled The digital €uro: a game changer for European merchants.

Die Statistik über Dienstleistungen nach Unternehmenscharakteristiken ermöglicht fundierte Aussagen über am internationalen Dienstleistungshandel beteiligte Unternehmen. Sie bildet eine wertvolle Grundlage für wirtschaftspolitische Entscheidungen und Analysen.

It is often said that wage moderation in Germany was the primary cause of the current account imbalances in the euro area that emerged prior to the financial crisis. A new study puts this hypothesis to the test.

Monthly turnover data are available for industry and the retail trade sector. Quarterly time series are published for the services sector. The results for the retail trade are also included in the calculation of private consumption.

Statutory basis, implementation provisions, Bundesbank notices and circulars