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German balance of payments in April 2021
In April 2021, Germany’s current account recorded a surplus of €21.3 billion, down €8.7 billion on the previous month’s level. This was driven by the decrease in the goods account surplus and a narrowed surplus on invisible current transactions, comprising primary and secondary income as well as services.
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Cash discussed at symposium
15.06.2016 DE
The €500 note is to be abolished, and ceilings on cash payments are being discussed - and yet coins and notes remain Germany's favourite medium of payment. These were some of the topics discussed by constitutional scholars and representatives of banks, the retail trade, consumer protection and the Bundesbank, among other parties, at the Bundesbank's third cash symposium.
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Not against the laws of economics - Hans-Werner Sinn as a public intellectual Speech at the International Scientific Symposium and Official Ceremony to Mark Hans-Werner Sinn’s Retirement and the 25th Anni-versary of the Center for Economic Studies (CES)
Jens Weidmann paid tribute to the achievements of Hans-Werner Sinn, the long-serving President of the ifo Institute. Mr Weidmann told the audience at a symposium held to mark Professor Sinn's retirement from office as President of the ifo Institute that he had played a major part in shaping the economic and political debate of the past few decades.
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German balance of payments in February 2021
The German current account recorded a surplus of €18.8 billion in February 2021, up €1.1 billion from the previous month’s level. While the surplus in invisible current transactions, which comprise services as well as primary and secondary income, saw a decline, the surplus in the goods account rose more strongly.
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BIS Annual Economic Report: The global economy is rebounding surprisingly strongly
29.06.2021 DE
The global economy has rebounded surprisingly strongly and quickly from the COVID-19 pandemic, the Bank for International Settlements (BIS) writes in its Annual Economic Report. A timely, forceful and concerted policy drive on the part of monetary, fiscal and prudential authorities was able to prevent the worst. However, the report explains, recovery has been very uneven across countries and economic sectors. Furthermore, the pandemic has exacerbated income and wealth inequality.
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German balance of payments in March 2021
The German current account recorded a surplus of €30.2 billion in March 2021, up €11.5 billion on the previous month’s level. This was due to a considerable increase in the surplus on invisible current transactions, which comprise not only services but also primary and secondary income, as well as that in the goods account.