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. 

Germany’s current account recorded a surplus of €34.1 billion in March 2025, up €7.8 billion on the previous month’s level. This was attributable to larger surpluses in the goods account and especially in invisible current transactions, which comprises services as well as primary and secondary income. 

“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 IMF and the World Bank. Multilateralism is a core element of the global economic order.”

Germany’s current account posted a surplus of € 23.2 billion in June 2024, up € 4.9 billion on the previous month’s level. The goods account surplus decreased, yet the deficit in invisible current transactions narrowed to a far greater extent.