on the topic of Direct investments

Head of the Research Centre at the Deutsche Bundesbank

German economic output rose unexpectedly in the third quarter of 2024, according to the Monthly Report. However, none of the key demand components currently give any cause to expect a marked recovery in the short term. “The industrial sector is faced with a difficult environment and is under high pressure to adapt,” the economists write. In addition, the labour market is becoming increasingly gloomy owing to the protracted bout of economic weakness.

Director General Human Resources

Director General Strategy and Innovation

Director General Information Technology

Director General Cash Management

Director General Payments and Settlement Systems

Director General Data and Statistics, Chief Data Officer

Director General Controlling, Accounting and Organisation

Director General / Special Representative of the Executive Board, Member of the Budget Committee of the ECB

The Eurosystem’s operational framework for implementing monetary policy comprises the general rules for Eurosystem monetary policy instruments and procedures, by means of which the ECB Governing Council’s decisions on the implementation of monetary policy in the euro area are enacted in a decentralised manner. The Eurosystem’s monetary policy operations are executed under uniform terms and conditions in all Member States. The Bundesbank is responsible for conducting the Eurosystem’s monetary policy operations with German counterparties.

Director General Markets

Bundesbank Executive Board member Burkhard Balz calls for Europe to become more independent where the critical infrastructure of payments is concerned.