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Chemnitz is Capital of Culture 2025 – Bundesbank events
29.04.2025 DE
Chemnitz is the European Capital of Culture 2025. To mark the occasion, the Regional Office in Saxony and Thuringia is organising a range of events at the Bundesbank’s Chemnitz branch. In addition to a coin exhibition and an art exhibition, there will be a panel discussion with Bundesbank Executive Board member Burkard Balz.
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German balance of payments in October 2024
Germany’s current account recorded a surplus of €12.5 billion in October 2024, down €8.8 billion on the previous month’s level. This was caused by the smaller surplus in the goods account and especially by the shift to a deficit in invisible current transactions, which comprise services as well as primary and secondary income.
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Nagel: “We know what we’ve got with the IMF and the World Bank”
24.04.2025 DE
“This is one of the most important Spring Meetings,”
Bundesbank President Joachim Nagel said at a press breakfast with Germany’s acting Federal Finance Minister Jörg Kukies on the occasion of the Spring Meetings of the International Monetary Fund (IMF) and the World Bank. “We know what we’ve got, and what we’ve had, with the
IMFand the World Bank. Multilateralism is a core element of the global economic order.”
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Joint European responses to the challenges we face Speech at the European Banking Congress
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The global economy needs institutions like the IMF Guest contribution by Joachim Nagel in the Börsen-Zeitung
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“The beast of inflation has been tamed” Interview with Focus
In an interview with the news magazine Focus, Bundesbank President Joachim Nagel talks about how inflation will develop over the next few years and what the change in US presidency could mean for Europe. He also explains the advantages of the digital euro for both retailers and customers.
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German balance of payments in February 2025
The German current account recorded a surplus of €20.0 billion in February 2025, up €5.0 billion on the previous month’s level. The surplus in invisible current transactions, which comprise services as well as primary and secondary income, declined slightly. However, the surplus in the goods account rose even more strongly.
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Acquisition of financial assets and external financing in Germany in the fourth quarter of 2024 Results of the financial accounts by sector
In the fourth quarter of 2024, German households’ nominal financial assets grew by €136 billion, totalling €9,050 billion as at the end of the year. This is now the fifth increase in succession, continuing the growth streak that has been ongoing since the end of 2023. Households increased their claims by €79 billion and generated valuation gains of €57 billion.
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