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100 years of the German balance of payments A review from 1924 to 2024
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Information on stock reports on external claims and liabilities Annexes Z 5, Z 5a and Z 5b to the Foreign Trade and Payments Regulation
Stock reports pursuant to Annexes Z 5, Z 5a and Z 5b to the Foreign Trade and Payments Regulation can be submitted via file transfer in different file formats.
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Foreign trade prices
The continual observation of price stability is based on analyses of price statistics. Particular attention is usually paid to the German Harmonised Index of Consumer Prices (HICP) and the national Consumer Price Index (CPI), which are both published by the Federal Statistical Office and often used throughout the EU and as inflation measures.
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National Cash Forum advocates binding statutory rounding rule for cash payments
By way of majority, the National Cash Forum advocates rounding up or down to the nearest 5 euro cent for cash payments in Germany. The Federal Ministry of Finance is called upon to advocate for, and press ahead with, a binding statutory rounding rule in Germany. The rounding rule should be applied across Europe as uniformly as possible.
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German balance of payments in January 2025
Germany’s current account recorded a surplus of €11.8 billion in January 2025, down €9.1 billion on the previous month’s level. This was attributable to a lower surplus in the goods account and especially in invisible current transactions, which comprises services as well as primary and secondary income.
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German balance of payments in October 2024
Germany’s current account recorded a surplus of €12.5 billion in October 2024, down €8.8 billion on the previous month’s level. This was caused by the smaller surplus in the goods account and especially by the shift to a deficit in invisible current transactions, which comprise services as well as primary and secondary income.
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Geoeconomic fragmentation: handling inflation pressures and volatility, increasing resilience Speech at Tokyo University
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Harmonisation initiatives Single Collateral Management Rulebook for Europe (SCoRE)
The Single Collateral Rulebook for Europe (SCoRE) was published in December 2019. It sets out the harmonised collateral management processes agreed by the Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo).
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“The beast of inflation has been tamed” Interview with Focus
In an interview with the news magazine Focus, Bundesbank President Joachim Nagel talks about how inflation will develop over the next few years and what the change in US presidency could mean for Europe. He also explains the advantages of the digital euro for both retailers and customers.
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Joint European responses to the challenges we face Speech at the European Banking Congress