At the end of 2019, Germany’s net external assets stood at €2,472 billion, thus amounting to almost 72% of nominal gross domestic product (GDP). The German net external asset position rose by €345 billion year-on-year.
Cashless payment instruments in Germany were already being used more frequently in 2019, i.e. prior to the outbreak of the COVID-19 pandemic. This was evidenced by the latest figures of the Deutsche Bundesbank’s Statistics on Payments and Securities Trading, Clearing and Settlement.
The Deutsche Bundesbank is putting the results of its architectural competition for the planned new buildings at its Central Office premises in Frankfurt am Main out on display. The exhibition at the German Architecture Museum, featuring the 29 architectural designs submitted, was opened to the public today with a press conference that simultaneously served as a virtual opening.