According to the current issue of the Bundesbank’s Monthly Report, German economic output fell surprisingly significantly in the fourth quarter of 2024. The main reasons for this were declining exports and weak industrial output, especially in the automotive sector, while private and government consumption expenditure rose. The labour market outlook also suggests a continued cooldown.

In Architektenkreisen stieß das postmoderne Gebäude der Hauptverwaltung in Hessen mit seinen bunten Elementen und seinen Verzierungen auf geteilte Resonanz. Doch der einst kritisierte Baustil gilt nun wieder als Kult, heißt es in einem Artikel in der Zeitschrift Architektur & Wohnen.

As in 2023, the monetary policy measures of the past few years shaped the Bundesbank’s annual accounts in the 2024 financial year. It recorded an accumulated loss of €19.2 billion for the reporting year, Bundesbank President Joachim Nagel and First Deputy Governor Sabine Mauderer said at the press conference presenting the Bank’s annual accounts. The Bundesbank has a sound balance sheet, Mr Nagel stressed, explaining that the value of its revaluation reserves was many times greater than the current and prospective accumulated losses.

Die Deutsche Bundesbank und Radio TEDDY laden alle Kinder ein, echte Gelddetektive zu werden! Zusammen tauchen wir in die spannende Welt des Geldes, Sparens und der Finanzen ein.

The German government has decided to mint a €2 commemorative coin entitled “Mecklenburg-West Pomerania” to be issued on 30 January 2024.