Once a year, the Bundesbank invites guests from the spheres of politics, academia and society to the Capital City Reception in Berlin to exchange views on the economic situation and current topics. This year's event saw Bundesbank President Joachim Nagel welcome IMF Managing Director Kristalina Georgieva and author Constanze Stelzenmüller as special guests.

At an event held in honour of former Bundesbank President Karl Otto Pöhl, incumbent President Joachim Nagel spoke about strengthening the foundation of the euro so that stable prices can be ensured even in turbulent times. He emphasised the importance of sound public finances, integrated markets and public confidence in central banks.

The digital euro is not intended as a substitute for existing products, Bundesbank Executive Board member Burkhard Balz underscored at a joint Bundesbank-Oesterreichische Nationalbank conference where experts and central bankers discussed the usefulness of the digital euro for everyday payments and the financial markets. They also addressed potential challenges associated with its introduction.

Germany’s current account recorded a surplus of €14.4 billion in August 2024, down €3.3 billion on the previous month’s level. This was chiefly attributable to a smaller goods account surplus.

In April 2023, Germany’s current account recorded a surplus of €21.8 billion, down €8.7 billion on the previous month’s level. This was mainly attributable to a smaller goods account surplus. The surplus in invisible current transactions, which comprise services as well as primary and secondary income, remained practically unchanged.

Germany’s current account recorded a surplus of €21.4 billion in October 2023, down €6.6 billion on the previous month’s level.