As in 2023, the monetary policy measures of the past few years shaped the Bundesbank’s annual accounts in the 2024 financial year. It recorded an accumulated loss of €19.2 billion for the reporting year, Bundesbank President Joachim Nagel and First Deputy Governor Sabine Mauderer said at the press conference presenting the Bank’s annual accounts. The Bundesbank has a sound balance sheet, Mr Nagel stressed, explaining that the value of its revaluation reserves was many times greater than the current and prospective accumulated losses.

The new banknotes retain the basic features of the first banknote series with regard to the motifs and main colours depicted in the stylised windows, gateways and bridges, showing architectural styles from different periods of European history.

Our special piece references the successes of Emperor Titus Flavius Domitianus (81–96) in Germania. The coin shows his portrait wearing a laurel wreath. On the reverse of the aureus, the mourning Germania is depicted, sitting on a Germanic shield. Beside her lies a broken spear.

With the theme “Backstage Bundesbank”, the Bundesbank invited the public to its Frankfurt am Main premises for an Open Day last weekend. More than 11,000 visitors came to gain an insight into the tasks of Germany’s central bank.

The Bundesbank is once again offering the public a glimpse backstage. On 14 and 15 September, the German central bank is hosting an Open Day at its Regional Office in Hesse in Frankfurt’s city centre.

Die Finanzsanktionen gegen bestimmte Personen, Organisationen und Einrichtungen angesichts der Lage in der Ukraine dienen der Durchführung von Maßnahmen der Europäischen Union.

Das sagen Beschäftigte.

I dream of a social art, wrote Victor Vasarely as early as 1953 in his “Notes Brutes” [Rough notes]. The crowds, the masses, a multitude of beings, this is the new dimension. See the unlimited space, the truth of structures. Art is the plastic aspect of the community.