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Challenges for monetary policy Speech at the Frankfurt Euro Finance Summit
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German balance of payments in November 2020
Germany’s current account recorded a surplus of €21.3 billion in November 2020, down €1.6 billion from the previous month’s level. This was primarily attributable to a decrease in the goods account surplus. By contrast, the surplus in invisible current transactions, which comprise services as well as primary and secondary income, expanded only slightly.
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German balance of payments in September 2020
Germany’s current account recorded a surplus of €26.3 billion in September 2020, up €9.7 billion from the previous month’s level.
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Successful increase of the 30-year Federal bond 2019 (2050)
60 KB, PDF
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Do sticky prices increase real exchange rate volatility at the sector level ? M. Crucini, M. Shintani, T. Tsuruga
316 KB, PDF
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Investment and financing by sector in the first quarter of 2011
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Financial stability and credit markets in Europe: Opportunities and risks in the current setting Dinner talk at the second Süddeutsche Zeitung conference on the topic of "private debt and direct lending"
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German balance of payments in October 2020
Germany’s current account recorded a surplus of €22.5 billion in October 2020, down €2.7 billion from the previous month’s level.
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Beschlüsse des EZB-Rats (ohne Zinsbeschlüsse) Oktober 2021
131 KB, PDF
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Fiscal policy challenges in a high inflation environment Forum Finanzpolitik und Steuerrecht