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Ergebnisse der EZB-Umfrage zu den Verbrauchererwartungen: März 2023
139 KB, PDF
Die Inflationserwartungen der Verbraucherinnen und Verbraucher stiegen deutlich an. Die Erwartungen hinsichtlich des Wachstums der nominalen Einkommen in den kommenden zwölf Monaten blieben weitgehend unverändert, wohingegen sich die Erwartungen in Bezug auf das Wachstum der nominalen Ausgaben abermals erhöhten.
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Resilient retail banking: Setting the course towards a robust financial sector 21st Retail Banking Day of the “Börsen-Zeitung”: Next level banking – digital, smart and sustainable
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Climate change, biodiversity loss and the role of central banks Deutsche Bundesbank Spring Conference 2023 – Climate Change and Central Banks
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Firms’ returns to scale: new evidence from European firm-level data Research Brief | 73rd edition – February 2025
702 KB, PDF
The advantages or disadvantages firms experience as a result of their size, referred to in the economic literature as returns to scale, are of central importance in many economic models. Increasing returns to scale, whereby unit costs decrease as output volume increases, could explain productivity differences between Europe and the United States. We present fresh evidence on the returns to scale of European firms: most exhibit constant returns to scale, but a non-trivial share also show increasing returns to scale.
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Navigating challenging times: a closer look at Europe’s financial system Speech at the 21st Annual Symposium on Building the Financial System of the 21st Century: An Agenda for Europe and the United States, organised by the Program on International Financial Systems and Harvard Law School
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Reopening of two Federal bonds – Auction result
128 KB, PDF
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EZB veröffentlicht Statistiken der Bankenaufsicht über weniger bedeutende Institute
111 KB, PDF
Die Europäische Zentralbank (EZB) hat eine neue Sammlung aggregierter Statistiken zu weniger bedeutenden Instituten (less significant institutions – LSIs) veröffentlicht. Die LSI-Statistiken ergänzen die vorhandenen Statistiken der Bankenaufsicht über bedeutende Institute (significant institutions – SIs), die seit 2016 von der EZB herausgegeben werden. Sie
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Mr Nagel on Europe Day: “For me, Europe essentially means freedom, democracy and diversity”
09.05.2023 DE
9 May is Europe Day – an annual day of commemoration to celebrate unity and peace in Europe. On this day back in 1950, Robert Schuman set out his idea for a new form of political cooperation in Europe, ultimately creating the European Union. “For me, Europe essentially means freedom, democracy and diversity,” said Bundesbank President Joachim Nagel, honouring this anniversary.
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