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German balance of payments in September 2020
Germany’s current account recorded a surplus of €26.3 billion in September 2020, up €9.7 billion from the previous month’s level.
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Data for the chart: 2.6 Sales and liquidity of German enterprises in selected sectors
13 KB, XLSX
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German balance of payments in November 2020
Germany’s current account recorded a surplus of €21.3 billion in November 2020, down €1.6 billion from the previous month’s level. This was primarily attributable to a decrease in the goods account surplus. By contrast, the surplus in invisible current transactions, which comprise services as well as primary and secondary income, expanded only slightly.
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Climate change and central banks Guest contribution in Corriere della Sera and Frankfurter Allgemeine Zeitung
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Financial stability and credit markets in Europe: Opportunities and risks in the current setting Dinner talk at the second Süddeutsche Zeitung conference on the topic of "private debt and direct lending"
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Financial stability and monetary policy: from low-for-long to the new normal Keynote Konstanzer Seminar
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Monetary policy and the uncovered interest parity puzzle D. Backus, F. Gavazzoni, C. Telmer, S. Zin
472 KB, PDF
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German balance of payments in October 2020
Germany’s current account recorded a surplus of €22.5 billion in October 2020, down €2.7 billion from the previous month’s level.
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German balance of payments in August 2020
Germany’s current account recorded a surplus of €16.5 billion in August 2020, down €4.6 billion from the previous month’s level.