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Monthly Report: Industry and exports responsible for economic slowdown
Economic output in Germany dipped slightly in the second quarter of 2019. The Bundesbank’s current Monthly Report states that this was primarily due to ongoing weakness in export-oriented industry.
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German balance of payments in April 2020
Germany’s current account recorded a surplus of €7.7 billion in April 2020,1 putting it €17.9 billion below the March level.
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German balance of payments in August 2022
Germany’s current account recorded a surplus of only €0.6 billion in August 2022, down €4.8 billion on the previous month’s level. This was due to a decrease in the goods account surplus. The deficit on invisible current transactions, which comprise services as well as primary and secondary income, changed only slightly.
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How will Brexit change the map of global finance? Speech at the 2018 Europe – US Symposium of the Harvard Law School Program on International Financial Systems
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30 years of monetary reform in Estonia: Lessons learned for the decade ahead Keynote speech dedicated to the 30th anniversary of monetary reform in Estonia
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Opening statement at the 2019 press conference on the annual accounts
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Cash of the future
How will cash be used in the future? A recent Bundesbank study has investigated this question, outlining three different scenarios for cash payments in 2037. The study provides an idea of the social and economic environment in which cash will be embedded in the future.