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On the future of money and payments Panel statement at the Bundesbank virtual autumn conference "Banking and Payments in the Digital World"
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QE in the future: the central bank's balance sheet in a fiscal crisis Ricardo Reis
385 KB, PDF
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Coronavirus crisis sees drop in corporate insolvencies
20.12.2021 DE
Despite the massive shock triggered by the coronavirus pandemic and what were, at times, very stringent containment measures, the number of corporate insolvencies dropped substantially in 2020, the Bundesbank writes in its Monthly Report. This was due in part to the temporary suspension of the obligation to file for insolvency, which is subject to certain conditions. German enterprises’ sales fell far less significantly than they had done during the financial and economic crisis of 2009, the Bank’s economists explain.
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German balance of payments in October 2021
Germany’s current account recorded a surplus of €15.4 billion in October 2021, down €4.6 billion on the previous month’s level.
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A changing economy – should policymakers act? Speech at the New Year’s reception of the Cologne Chamber of Industry and Commerce