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.

Federal Finance Minister Wolfgang Schäuble and Bundesbank President Jens Weidmann today kicked off Germany's G20 presidency in Berlin. In their remarks, each underlined the importance of open markets for the global economy.

At the end of the second quarter of 2017, households' financial assets amounted to €5,723 billion; this figure was just over €45 billion (or 0.8%) higher than in the first quarter of 2017. As valuation losses reduced financial wealth by roughly €8 billion, the rise was solely attributable to the transaction-based acquisition of financial assets