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Introductory Statement Discussion with the Association of the Foreign Press (VAP)
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Presentation: Firms, Failures, and Fluctuations Author: Alireza Tahbaz-Salehi and Daron Acemoglu
369 KB, PDF
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Deposit Insurance without Commitment by Russell Cooper and Hubert Kempf Discussion Leopold von Thadden
136 KB, PDF
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Payment behaviour in Germany in 2021
Cash continues to be the most frequently used means of payment in Germany, although cashless payments are increasing their share. These are the findings of the Bundesbank’s sixth study on payment behaviour in Germany for 2021. Respondents used banknotes and coins to make a total of 58% of their payments for purchases of goods and services, compared with 74% in the Bundesbank’s last major study from 2017. The lower use of cash was mainly due to the increase in online purchases during the coronavirus pandemic.
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German balance of payments in January 2022
Germany’s current account recorded a surplus of €11.0 billion in January 2022, down €13.6 billion on the previous month’s level. The surplus in the goods account declined considerably, with the surplus in invisible current transactions, which comprise services as well as primary and secondary income, contracting even more strongly.
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