General Search
Multiple search words are automatically linked with "AND". Text enclosed in quotation marks (") returns only the pages in which this text occurs exactly. With the search filters next to the results you have the possibility to further limit your search.
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Monthly Report – January 2021
The January 2021 edition of the Monthly Report analyses the slowdown in productivity growth in the euro area and describes the data collection methodology and analysis options for the new securities holding statistics on banking groups. It also discusses the two-tier system for remunerating reserve holdings and its impact on banks and financial markets.
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Monthly report - April 2020
The Bundesbank’s April 2020 Monthly Report outlines sectoral portfolio adjustments in the euro area during the low interest rate period. It also features an article on the road so far and the road ahead for the EU budget and its financing.
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Monthly Report - February 2020
The February 2020 edition of the Monthly Report comments on the economic situation in Germany in winter 2019/2020.
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Guideline of the European Central Bank of 5 December 2012 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (ECB/2012/27)
1 MB, PDF
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Monthly report – November 2021
The November 2021 edition of the Monthly Report comments on the economic situation in Germany in autumn 2021.
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Monthly Report – December 2022
The December 2022 edition of the Bundesbank’s Monthly Report describes the outlook for the German economy for 2023 to 2025. Furthermore, it discusses the recent rise in energy prices in the context of Germany’s price competitiveness. The report also features an article entitled “Access to cash in Germany – results of a representative public survey”.
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