The Heads of State or Government of the EU countries have agreed to set up an off-budget entity to help address the fallout from the coronavirus pandemic. Writing in the latest edition of the Monthly Report, the Bundesbank’s economists note that while solidarity is understandable, it is worrying that the financial assistance will be funded by large-scale and long-term Community debt.

From 10 September, the €5 collectors’ coin “Subpolar zone” and the €10 collectors’ coin “Ashore” are available at the branches of the Bundesbank.