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Price stability and climate change ECB Conference on Climate and Price Stability: Navigating Inflation and Monetary Policy in the Green Transition
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German balance of payments in June 2025
Germany’s current account posted a surplus of €18.6 billion in June 2025, up €11.1 billion on the previous month’s level. This was mainly attributable to the swing to a surplus in invisible current transactions, which comprise services as well as primary and secondary income. Moreover, the surplus in the goods account increased somewhat.
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Germany’s international investment position at the end of 2024
At the end of 2024, Germany’s net external assets totalled €3,452 billion, thus amounting to around 80 % of the country’s nominal gross domestic product (GDP). Overall, both assets and liabilities vis-à-vis non-residents rose further in 2024.
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From imposition to lifting: Estimating the effects of sanctions over their lifecycle Ohyun Kwon, Arne J. Nagengast, Jangsu Yoon, Yoto V. Yotov
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Target achieved – no reason to let up Keynote speech at the Frankfurt Euro Finance Summit
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Questionnaire 24 for the Survey of Firms (BOP-F) January, February, March 2026
846 KB, PDF
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Methodology and notification tables Maastricht deficit and debt level
Explanatory notes
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Krypto-Assets – The Future of Finance? Rede bei der Mitgliederversammlung der Allied European Financial Markets Association Deutschland
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What’s behind the sustained decline in German export market shares?
14.07.2025 DE
German export market shares have been contracting since 2017, and especially since 2021. According to the latest Monthly Report, this is largely due to a deterioration in the competitiveness of the German economy. More than three-quarters of the losses in market shares between 2021 and 2023 were the result of supply-side constraints. In this issue, the authors look at what is behind the decline in German export market shares and derive possible structural reforms.