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Bundesbank President Jens Weidmann: “Wide-reaching measures are crucial”

21.03.2020

Despite differing points of view being raised in the consultations on the ECB’s new asset purchase programme, it was unanimously agreed that action needs to be taken in light of the corona crisis. “Now it is a matter of implementing the programme in an appropriate way,” said Bundesbank President Jens Weidmann in an interview with the German newspaper “Die Welt”.

"We’re starting from a favourable position"
Corona pandemic causing German economy to slide into pronounced recession

23.03.2020

Germany is facing unprecedented challenges as a result of the rapid spread of the coronavirus pandemic, according to the Bundesbank’s latest Monthly Report. The experts regard a slide into a marked recession as being unavoidable. An economic recovery would set in only when the pandemic risk had been effectively brought under control.

Corona pandemic causing German economy to slide into pronounced recession
Germany’s current account surplus falls to €245½ billion in 2019

23.03.2020

Germany’s current account surplus dropped by €2 billion to €245½ billion in 2019. As a percentage of German gross domestic product (GDP), the balance sank to 7¼ percent.

Germany’s current account surplus falls to €245½ billion in 2019
Coronavirus crisis: ECB announces new asset purchase programme

19.03.2020

Given the escalating diffusion of the coronavirus, the European Central Bank (ECB) has launched a new, temporary asset purchase programme. Under this programme, the Pandemic Emergency Purchase Programme (PEPP), the ECB will purchase a total of €750 billion worth of assets by the end of 2020.

Coronavirus crisis: ECB announces new asset purchase programme
 Note corona virus
Coronavirus: notice for visitors to the Bundesbank
Money museum closed
Money museum is closed
Weidmann welcomes coordinated central bank action to enhance the provision of US dollar liquidity
Unsorted Euro banknotes
Cash poses no particular risk of infection for public
Statement by Jens Weidmann on the Annual Report 2019
Information film about the Campus project
Start frame of the image film "Money Museum"
The Money Museum introduces itself
Euro reference rate of the ECB to the US dollar
Interest rates
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