At the European level, sources of law are the regulations, which are directly applicable in all member states, and the directives, which have to be transposed into national law.

Electronic auction platform for members of the ESM/EFSF Market Group.

The financial stability reviews produced by the Bundesbank and other central banks have become a well-established tool, Bundesbank President Joachim Nagel said at an event held by the Bundesbank in Frankfurt am Main to mark the 20th anniversary of the Financial Stability Review. At the event, Bundesbank Executive Board member Michael Theurer, Chair of the Supervisory Board of the ECB Claudia Buch, and representatives from supervisory authorities, academia and banking discussed the challenges facing financial stability.

Erleben Sie das Geldmuseum digital – mit dem interaktiven 3D-Rundgang. Bewegen Sie sich online durch alle Räume und entdecken spannende Exponate mit Hintergrundinfos und hochauflösenden Bildern. 

Four themed areas and five exciting cabinets offer fascinating insights – from cash to the European Monetary Union. The highlight: our 360-degree cinema! Be inspired and browse through our picture gallery.

The risks to the German financial system have increased, as reported in the Bundesbank’s latest Financial Stability Review. The German economy is faced with structural challenges, and the high valuations in equity and bond markets pose the risk of larger, sudden market price corrections, Bundesbank Executive Board member Michael Theurer said at the presentation of the Financial Stability Review in Frankfurt.

The German government has decided to mint a €5 collectors' coin with the motif “Planet Earth”, issued on 14 April 2016.