Since 1 October 2019
President of the Regional Office in Baden-Württemberg

Director General Strategy and Innovation

In the second quarter of 2024, the German net international investment position (i.i.p.) increased by €114 billion to €3.2 trillion; that equates to 76% of gross domestic product (GDP). German claims on non-residents now stand at €13.1 trillion. This compares to German liabilities amounting to €9.9 trillion.

The Eurosystem’s operational framework for implementing monetary policy comprises the general rules for Eurosystem monetary policy instruments and procedures, by means of which the ECB Governing Council’s decisions on the implementation of monetary policy in the euro area are enacted in a decentralised manner. The Eurosystem’s monetary policy operations are executed under uniform terms and conditions in all Member States. The Bundesbank is responsible for conducting the Eurosystem’s monetary policy operations with German counterparties.

Since November 2024
President of the Regional Office in Hamburg, Mecklenburg-West Pomerania and Schleswig-Holstein

Here you will find a compilation of special issues of the coin collection (available only in German).

As part of its Christmas series, the German government has decided to mint a €25 collector coin entitled “Advent wreath”, to be issued at 21 November 2024.

Director General Payments and Settlement Systems