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Q4 2025: Assessment of current uncertainty level
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Reflections on the Eurosystem’s new operational framework Speech at the Konstanz Seminar on Monetary Theory and Monetary Policy
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Remarks on Enrico Letta’s report “Much more than a market” Panel Discussion “Empowering the Single Market – Opportunities and challenges”
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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 June 2024
Germany’s current account posted a surplus of € 23.2 billion in June 2024, up € 4.9 billion on the previous month’s level. The goods account surplus decreased, yet the deficit in invisible current transactions narrowed to a far greater extent.
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Questionnaire 24 for the Survey of Firms (BOP-F) January, February, March 2026
846 KB, PDF
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German balance of payments in May 2024
Germany’s current account recorded a surplus of €18.5 billion in May 2024, down €6.6 billion on the previous month’s level. The goods account surplus increased slightly, but the deficit in invisible current transactions widened to a far greater extent.