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Bankenaufsicht Arbeit@Bundesbank: innovativ, agil, verlässlich
No English translation available
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“We see more than 5,000 cyberattacks every minute” Interview with Tagesspiegel
“The digital euro will make us more independent and more resilient,” Bundesbank President Joachim Nagel said in an interview with the “Tagesspiegel” newspaper. A combination of cash and the digital euro will equip Germany best for the future and for critical situations. Nagel also used the interview to discuss the effects of US tariff policy and the opportunity it might present for Europe as an investment location.
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Invitation to bid for Federal Treasury notes
196 KB, PDF
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Europe needs to tackle a home bias of banks Guest contribution by Michael Theurer in Financial Times online
In a piece for the Financial Times, Executive Board member Michael Theurer has addressed the issue of the sovereign-bank nexus. This close link between banks and their home-country sovereign debt represents a significant threat to financial stability in the euro area.
Breaking this cycle is crucial to safeguarding the stability of the euro area financial system,
Theurer emphasises. -
Bundesbank’s Forecast for Germany: Economy will gradually recover Government spending and exports supporting growth – inflation falling only slowly
The German economy will make headway again in 2026: while progress will be subdued initially, it will then slowly pick up,
said Bundesbank President Joachim Nagel, presenting the Bundesbank’s new Forecast for Germany. According to the forecast, economic growth is being driven mainly by government spending and a resurgence in exports. The experts are expecting GDP growth in 2027 and 2028 as well. -
Digital banks, digital risks — new methods in banking supervision
This course is aimed at banking supervisors. They should have a thorough understanding of the supervisory initiatives and innovation strategy at their central bank or supervisory authority and actively share their knowledge with other participants in the panel.
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Kapitel 5 Payment Systems – IT Connection
No English translation available
Das Meeting zum Proof of Concept war ein großer Erfolg. Nun ist es Zeit für Maxin und Anita auf die letzte Zeit zurückzuschauen. Schnell hat sich Maxin entwickelt. Doch wie kann Anita ihren Enthusiasmus für die Container-Lösung deuten?
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German balance of payments in November 2025
Germany’s current account recorded a surplus of €15.1 billion in November 2025, up €0.3 billion on the previous month’s level. Although the surplus in the goods account decreased, the swing to a surplus in invisible current transactions, which comprise services as well as primary and secondary income, was slightly stronger.