The emergency monetary policy measures taken in response to the coronavirus pandemic have impacted noticeably on the Deutsche Bundesbank’s balance sheet.

Die wirtschaftlichen Aussichten hängen auch in diesem Jahr stark von der weiteren Entwicklung der Corona-Pandemie ab. Was das für die deutsche Wirtschaft bedeutet erklärt Bundesbankpräsident Jens Weidmann in der Pressekonferenz.

Die Corona-Pandemie hatte im vergangenen Jahr auch Auswirkungen auf die Bundesbank-Bilanz. Obwohl die Bilanzsumme so hoch war wir noch nie, hat die Bundesbank erstmals seit 1979 keinen Gewinn mehr erzielt. Wie es dazu kommt, erklärt Bundesbankvorstand Johannes Beermann.

The Bundesbank is not distributing a profit for 2020 – for the first time since 1979. The main reason was the greater level of risk provisioning, Bundesbank President Jens Weidmann explained at the press conference to present the annual accounts in Frankfurt am Main. The emergency monetary policy measures taken in response to the coronavirus pandemic are consequently having a noticeable impact on the Bundesbank’s balance sheet. In the previous year, the Bundesbank had distributed a profit of €5.9 billion.

Viele Menschen freuten sich über die neuen Scheine und Münzen, doch es gab auch kritische Stimmen.
 

Im täglichen Leben begegnen uns regelmäßig Begriffe mit „Zins“ im Namen. Doch was sind Zinsen eigentlich genau und welchen Einfluss haben sie? Den wichtigsten Zinsbegriffen und Zusammenhängen wollen wir im Erklärfilm auf den Grund gehen.

Energy prices skyrocketed as a result of the Russian war of aggression. Government stabilization measures such as the gas price brake were intended to support overall economic development. Our study compares the effects of two fiscal stabilization measures for companies: subsidies in the form of quantity-limited price guarantees and production-independent direct transfers. It turns out that the effectiveness of the measures depends on the availability of the good.

In 2020, the Bundesbank registered approximately 58,800 counterfeit euro banknotes with a nominal value of €2.9 million in German payments. The number of counterfeits thus rose by 6.5% on the year, while the nominal value of the banknotes seized fell by 14.3%.

The Bundesbank’s National Analysis Centre in Mainz receives around 30,000 requests every year for the replacement of damaged cash. In order to facilitate reconstruction in cases involving a large number of banknote fragments, the Bundesbank joined forces with the Fraunhofer Institute for Production Systems and Design Technology (Fraunhofer IPK) to develop a digital system for reconstructing badly damaged euro banknotes based on “ePuzzler” technology.