Digitalisation, in particular, can increase productivity growth: Germany has work to do in this area, Executive Board member Fritzi Köhler-Geib said at a Bundesbank panel discussion. There, she spoke with Kristina Sinemus, Hesse’s Minister for Digitalisation and Innovation, and Claudia Nemat in her capacity as a tech entrepreneur, about boosting economic growth.

The digital euro is intended to complement cash and strengthen Europe’s strategic autonomy in payments, the Bundesbank writes in its latest Monthly Report. Both online and offline payments would be possible with the digital euro. It would introduce the benefits of cash to the digital world without replacing cash.

Landmark session of the Bundesbank’s Executive Board at the Regional Office in Hesse: more than 23 years on from its constituent meeting, the Executive Board gathers for the thousandth time.

05.03.2026

At a press conference today, Bundesbank President Joachim Nagel and First Deputy Governor Sabine Mauderer presented the Bundesbank’s Annual Report for 2025. The loss for the year declined further in 2025, as expected. In view of a significant improvement in profitability, the Bundesbank reported a loss for the year of €8.6 billion, Mr Nagel explained.