Executive Board member Burkhard Balz has introduced Fabian Huttner as the Bundesbank’s new representative in Madrid. The scale of the challenges associated with the single monetary policy in the euro area became evident in the wake of the financial crisis and during the coronavirus pandemic, Mr Balz said in Madrid. That makes it all the more important to reach out more to national authorities and financial institutions in the major euro area countries. It is for this reason that the Bundesbank has now resumed its practice of sending staff members to the German embassies in Paris, Rome and Madrid.

Cornelia Holthausen tritt ihr Amt am 1. Dezember 2021 an. Sie folgt auf Sergio Nicoletti Altimari, der zur Banca d’Italia wechselt.