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June issue of Monthly Report published
17.06.2015 DE
In its latest Monthly Report, the Bundesbank presents a detailed outlook for the German economy in 2015 and 2016, which was already published at the beginning of June. Additional focus lies on new instruments for measuring inflation expectations as well as on marketable financial instruments of banks and their role as collateral in the Eurosystem.
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What is the value of retail order flow? Discussion paper 33/2024: Peter Hoffmann, Stephan Jank
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Beware Bitcoin Guest contribution in the Frankfurter Allgemeine Sonntagszeitung newspaper
Bundesbank Executive Board member Carl-Ludwig Thiele considers Bitcoin a risky and highly speculative form of investment. "
It’s also possible for Bitcoin holdings to be completely wiped out
," he writes in an op-ed for the Frankfurter Allgemeine Sonntagszeitung. In addition, he draws attention to Bitcoin’s high level of energy consumption, citing Bundesbank estimates that settling a Bitcoin transaction uses roughly 460,000 times as much electricity as a normal transfer. -
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Germany's external assets at the end of 2015
Germany's net external position stood at €1,476 billion at the end of 2015, and thus amounted to around 49 % of gross domestic product. The German net external asset position rose by €302 billion year-on-year.
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10 years later: where are we? Introductory remarks prepared for the Policy Panel at the High-level conference “EBA @ 10”