“Further reform of the debt brake is right and necessary. In its current form, it cannot safeguard sound government finances or the EU rules,” said Bundesbank President Joachim Nagel in an interview with “Der Spiegel”. Topics covered included the Bundesbank’s current proposal for a reform of the debt brake, the digital euro and Germany’s economic growth.

Fledgling businesses often will not know whether their business model needs to be authorised pursuant to the Banking Act or the Payment Services Oversight Act, which is why they are invited to discuss any issues which might arise in this regard with staff at the Bundesbank's Regional Offices and Central Office.

Bundesbankvorstand Burkhard Balz zufolge ist der Blick auf die Bedürfnisse der Nutzer entscheidend für den Erfolg des digitalen Euros: „Wenn wir möchten, dass der digitale Euro weithin genutzt und akzeptiert wird, muss er nutzerfreundlich ausgestaltet sein, alle relevanten Anwendungsfälle abdecken, und dabei sicher und effizient sein,“ sagte er bei einer Rede in Frankfurt am Main.

Bundesbank Executive Board member Burkhard Balz says that more needs to be done to build confidence in blockchain networks. Permissioned networks might be one way forward, he explained at an event in Frankfurt am Main.

Curious about the future of money from a central bank’s perspective? Hyeonhee Kim shares her internship experience at the Digital Euro team. From crypto assets to stablecoins – discover how innovation meets tradition in shaping tomorrow’s finance.