Climate change has consequences for society, the economy and the financial system, and therefore also has an impact on the core tasks of a central bank. In light of this, the Bundesbank will from now on regularly report on how it takes the financial implications of climate change and climate policy into account in its work.

In der aktuellen Ausgabe informieren wir Sie unter anderem über den Digitalen Euro, über die am 18. und 19. Mai stattgefundene Veranstaltung "BaFinTech 2022" sowie die Fortschritte beim User Testing des TARGET2/T2S-Konsolidierungsprojekts.

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The June 2022 edition of the Monthly Report outlines the outlook for the German economy for 2022 to 2024 and lays out long-term scenarios and options for reforming the pension insurance scheme. Furthermore, it analyses both bracket creep in income tax rates and the current developments and challenges facing public finances in the euro area. The report concludes with an article on the survey of firms conducted by the Deutsche Bundesbank and how it is used to assess the financial situation of the corporate sector.