In der aktuellen Ausgabe informieren wir Sie unter anderem über die erfolgreiche Erprobungsphase neuer Technologien für die Abwicklung DLT-basierter Transaktionen in Zentralbankgeld, einen Aufsatz zur Stagnation des deutschen TARGET-Saldos, den neuen Go-live-Termin des ECMS und Anpassungen des Projektplans sowie über unser Zahlungsverkehrssymposium.

Complete download as excel file

The December 2024 Monthly Report publishes the Deutsche Bundesbank’s forecast for Germany, which provides an outlook on how the German economy is likely to develop in the near future. A second article looks into the funding costs of banks in Germany in the monetary policy interest rate cycle. Finally, an article analyses the profitability and financing of German enterprises during the monetary policy tightening period.

Since 2008, the Deutsche Bundesbank has been taking a comprehensive look at how the population pays, what attitudes they have towards cash and electronic means of payment, and what developments can be expected in payment transactions.

How will cash be used in the future? A recent Bundesbank study has investigated this question, outlining three different scenarios for cash payments in 2037. The study provides an idea of the social and economic environment in which cash will be embedded in the future.

The German financial system has weathered the exceptionally strong rise in interest rates well overall and has proved stable over the past months. Credit risk is now increasingly coming under the spotlight, however.

The November 2024 edition of the Monthly Report comments on the economic situation in Germany in autumn 2024.

In the October 2024 Monthly Report, the first article investigates how a different method of recording retained earnings in the balance of payments affects the German current account surplus. The second article highlights current developments in Germany’s international interconnectedness via foreign direct investment. The third outlines the development of state government finances in 2023, noting that the situation has deteriorated, but that there is still a structural surplus. The Monthly Report then rounds off with an article examining the topic of wage developments in Germany, detailing the current situation, providing a comparison with the euro area, and offering an outlook.