Speaking at a symposium, Bundesbank President Joachim Nagel said an official farewell to Claudia Buch and Joachim Wuermeling, both of whom had left the Executive Board on 31 December 2023. Claudia Buch had been Vice-President of the Bundesbank since 2014 and Joachim Wuermeling had been an Executive Board member since 2016. 

In an interview with Funke Mediengruppe, Bundesbank President Joachim Nagel addressed the challenges facing Germany as a business location and what is behind the current weak economic growth. The debt brake was also discussed. In Dr Nagel’s opinion, Germany “could afford to run up somewhat higher deficits during certain phases without jeopardising stability”.

With a view to the future, a pan-European deposit insurance scheme is envisaged. The European Commission's proposals foresee the gradual implementation of a system of comprehensive insurance by 2024, under which bank customers' savings would be covered by a European fund in the event of a bank insolvency.

The Deutsche Bundesbank is the central bank of the Federal Republic of Germany.