Im April 2025 wies die Leistungsbilanz einen Überschuss von 20 Mrd. € auf (nach 51 Mrd. € im Vormonat).

Bundesbankpräsident Joachim Nagel hat am 8. Juni im Live-Interview mit dem Deutschlandfunk darüber gesprochen, wie sich die deutsche Wirtschaft voraussichtlich entwickeln wird. Er stellte dabei die aktuelle Deutschland-Prognose der Bundesbank vor. Zu den weiteren Interview-Themen gehörten die US-Zölle sowie die Zinsentscheidung der Europäischen Zentralbank. 

Detailed information on the individual criteria for eligible assets may be found in part 4 of "Guideline (EU) 2015/510 of the European Central Bank of 19 December 2014 on the implementation of the Eurosystem monetary policy framework (ECB/2014/60)".

Monetary policy meets urban policy – this was the theme of a podium discussion with Bundesbank President Joachim Nagel and Sven Schulze, Mayor of Chemnitz, that took place as part of festivities celebrating “Chemnitz 2025”. The two answered questions from visitors and the moderator on the topics of inflation, the digital euro and economic growth.

Population developments are posing challenges for the German labour market and government finances. The scale of these challenges depends on how long people work and when they retire. This issue is addressed in the Bundesbank’s current Monthly Report. It analyses when people covered by the statutory pension insurance scheme (insurees) retire and discusses what might boost employment. The report also shows how reductions and increases for early or late retirement could be determined.

The Deutsche Bundesbank checks on a daily basis the eligibility of all of the securities admitted for trading or traded in Germany against the eligibility criteria and reports eligible securities to the ECB. Every business day (at 18.15), the ECB publishes its list of eligible marketable assets.

Sicherheitenmanagementsystem des Eurosystems markiert bedeutenden Schritt für die
Harmonisierung der Sicherheitenverwaltung im Euroraum.

Registration form for ECMS production and customer testing

The balance of payments records all economic transactions between residents and non-residents within a given time period and thus shows a country’s complex economics links with the rest of the world.

If you have general questions with regard to payments or your account please contact your responsible customer service team (KBS).

In March 2024, the ECB Governing Council approved changes to the Eurosystem’s operational framework for implementing monetary policy. The Bundesbank’s economists provide an overview of the adjustments and an outlook for the review of the technical design in 2026 in the current issue of the Monthly Report.