During his visit to the House of the Euro in Brussels, Bundesbank President Nagel said in a keynote speech, „The digital euro has moved far beyond a technical concept – it is now a political project for more sovereignty”. These remarks came ahead of a panel discussion on the digital euro and its significance for Europe’s strategic autonomy.

Inflation this year is going to be noticeably higher than we were expecting it to be before the war in the Middle East broke out, Bundesbank President Joachim Nagel told the RedaktionsNetzwerk Deutschland (RND) media network in an interview. How high inflation turns out to be mainly depended on how long the Strait of Hormuz remained blocked, he added. If the outlook doesn’t improve noticeably, I would expect us to raise interest rates in June, Nagel said, pointing to the geopolitical situation and rising energy prices.

The Bundesbank's exchange rate statistics represent a collection of current and historical exchange rates.

Germany’s net international investment position (i.i.p.) rose by €174.5 billion in the first quarter of 2026.

Die Finanzsanktionen gegen den Sudan dienen der Durchführung von Maßnahmen des Sicherheitsrats der Vereinten Nationen sowie der Europäischen Union.

Germany’s economic substance and its pool of talent and entrepreneurial spirit are immense – these are qualities we can build on, Joachim Nagel stressed in an interview with the “Goslarsche Zeitung” newspaper to mark his speech at the 44th “Goslarsches Pancket”, a social gathering in the historic town of Goslar. Coming together and sharing views was more important than ever right now, given the significant uncertainty caused by the war in the Middle East, the Bundesbank President said. By pulling together, he argued, Europe could make the most of opportunities and thus emerge stronger from this difficult spell.

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