The December 2012 monthly report gives an outlook for the German economy for 2013 and 2014, elaborates on German enterprises’ profitability and financing in 2011 and explains calendar effects on economic activity.

The November 2012 monthly report comments on the economic situation in Germany in autumn 2012.

The European sovereign debt crisis remains the greatest threat to financial stability in Germany. The Bundesbank considers that a substantial worsening of the situation would have a significant adverse impact on German banks and insurers. In addition, low interest rates, high liquidity and potential exaggerations in the German real estate market could pose a future threat to financial stability.

The October 2012 monthly report contains: The financial crisis and balance of payments developments within the euro area; The development of state government finances in Germany since 2005; The importance of trade credit for corporate financing in Germany – evidence from financial statements statistics; The use of cash and cashless payment instruments: a microeconomic analysis.

The September 2012 monthly report contains: The performance of German credit institutions in 2011; Innovations in payment systems; The International Monetary Fund in a changed global environment.

The conference volume comprises a wide range of multifaceted papers addressing different aspects of cash, that were presented and discussed at the International Cash Conference in February 2012.

The August 2012 monthly report comments on the economic situation in Germany in summer 2012.

The July 2012 monthly report contains: The euro as an anchor currency and core of a currency bloc; Deutsche Bundesbank Spring Conference 2012 – monetary policy, inflation and international linkages; The new CPSS-IOSCO Principles for financial market infrastructures.

The June 2012 monthly report contains: Outlook for the German economy – macroeconomic projections for 2012 and 2013; The price of crude oil and its impact on economic activity in the industrial countries; The role of the “Basel interest rate shock” in the supervisory assessment of interest rate risks in the banking book.