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Those were bitter times Interview with Frankfurter Allgemeine Zeitung
Bundesbank President Joachim Nagel used an interview with the “Frankfurter Allgemeine Zeitung” newspaper to share his views on the ECB’s latest interest rate decision, inflation and the digital euro. Commenting on European monetary policy, Nagel said,
In these uncertain times, we are not going to change our winning formula: We are not pre-committing to a particular rate path but look at the incoming data and make a decision on that basis at the respective monetary policy meeting.
He sees positive effects for Germany from rising investment in Germany on infrastructure and defence. -
13th regulatory conference: strengthening innovative capacity in Germany
12.09.2025 DE
We are striving to make regulation clearer, more understandable and more efficient – while continuing to safeguard the stability of the banking system,
said Bundesbank President Joachim Nagel at the Bundesbank’s 13th regulatory conference in Frankfurt. At the conference, representatives from banks and securities and insurance companies joined policymakers to discuss current opportunities and challenges for the financial industry and supervisors in Germany. -
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German balance of payments in July 2025
Germany’s current account posted a surplus of €14.8 billion in July 2025, down €2.3 billion on the previous month’s level. The surplus in the goods account increased, but there was a stronger decline in the balance of invisible current transactions, which comprise services as well as primary and secondary income.
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EZB-Rat ändert FINREP-Verordnung der EZB zwecks Verbesserung der aufsichtlichen Bewertung von Kreditrisiken
143 KB, PDF
Am 9. September 2025 verabschiedete der Rat der Europäischen Zentralbank (EZB) eine Änderung der Verordnung (EU) 2015/534 über die Meldung aufsichtlicher Finanzinformationen (FINREP-Verordnung der EZB) und ihrer Anhänge.
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Banking regulation: as complex as necessary, as simple as possible 13th regulatory conference
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Payments statistics
Statistics about payments in Germany serve primarily as an important data source for establishing, managing and monitoring payment and securities settlement systems. In addition, statistics about the structure and scope of the payments are used in tandem with monetary statistical indicators for analysis at national and international levels.
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Announcement of auction – 6-months Bills of the European Stability Mechanism (ESM)
74 KB, PDF
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Invitation to bid – Treasury discount paper (Unverzinsliche Schatzanweisungen – “Bubills”) of the Federal Republic of Germany
176 KB, PDF
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International Reserves Reporting period January 2026