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National Cash Forum launches new website for cash-related topics
The National Cash Forum, initiated by the Deutsche Bundesbank in February 2024, has launched a new website to serve as a neutral source of information on all aspects of cash.
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Introductory statement at the press conference presenting the Annual Report 2024
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Germany’s international investment position at the end of 2023
At the end of 2023, Germany’s net external assets totalled €2,964 billion, thus amounting to just over 70% of Germany’s nominal gross domestic product (GDP). Overall, both assets and liabilities vis-à-vis non-residents rose further in 2023.
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Joachim Nagel: “At this stage I would have no objections if we were to continue to reduce our policy rates”
05.12.2024 DE
At a speech in Luxembourg, Bundesbank President Joachim Nagel touched on topics including the upcoming interest rate decision by the Governing Council of the ECB and the German economy, amongst other things. The German economy was also the topic of his recent interview with the Financial Times.
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Current monetary policy topics Speech at the Commerzbank AG event “Geldpolitik in Zeiten der Inflation”
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German balance of payments in June 2024
Germany’s current account posted a surplus of € 23.2 billion in June 2024, up € 4.9 billion on the previous month’s level. The goods account surplus decreased, yet the deficit in invisible current transactions narrowed to a far greater extent.
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