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The European System of Central Banks and the European Commission launch an EU-funded pilot project to contribute to macroeconomic and financial stability in Africa
The Deutsche Bundesbank and the Banque de France, six national central banks of the European System of Central Banks (ESCB) and the European Central Bank (ECB) have today launched a programme funded by the European Union (EU) with the aim of contributing to the macroeconomic and financial stability of African countries.
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The CIC welcomes the University’s international outlook and values our close collaboration
The Centre for International Central Bank dialogue welcomes the University’s international outlook and values our close collaboration.
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Nagel: Continuing the success story of the European single market
20.02.2023 DE
In his speech at the German Institute for Economic Research (DIW Berlin), Bundesbank President Joachim Nagel highlighted the importance of the European single market. He said that it was truly a source of prosperity and could help to more effectively overcome future challenges. He called for greater efforts to deepen the integration of the single market, particularly in the areas of services, digitalisation, and the capital market. Furthermore, he stressed that credible fiscal rules were essential for monetary union.
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Statistics on International Trade in Services (SITS)
Germany’s Statistics on International Trade in Services are collected by the Deutsche Bundesbank in order to compile Germany’s Balance of Payments Statistics and serve as the basis for the research data set Statistics on International Trade in Services (SITS).
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Period of weakness in the German economy could continue
19.02.2024 DE
German economic output contracted in the final quarter of 2023, according to the February Monthly Report. Weak demand from abroad was still putting a strain on industry, while higher financing costs continued to dampen investment. Bundesbank economists believe that uncertainty about transformation and climate policy is also likely to have weighed on economic activity. Some headwinds will probably persist into the first quarter of 2024 as well. Economic output could therefore decline again somewhat.
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Too low, too high: What’s next for inflation? Joint Spring Conference 2024 – Structural Changes and the Implications for Inflation
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Is CBDC the money of the future? Keynote at the Central Bank Payments Conference
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Trade dynamics under geopolitical risk Discussion paper 03/2025: Makram Khalil, David Osten, Felix Strobel
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Money Market Statistical Reporting – MMSR (German Part) – Data Report 2024-17 – Metadata Version 4-0 Patrick Felka, Christian Hirsch
348 KB, PDF
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German balance of payments in December 2023
Germany’s current account recorded a surplus of €31.4 billion in December 2023, up €0.9 billion on the previous month’s level. While the surplus in the goods account decreased, the surplus in in-visible current transactions, which comprise services as well as primary and secondary income, ex-perienced a stronger increase.