Bundesbank President Jens Weidmann has spoken out in favour of eliminating the red tape involved in setting up a business. At a speech in Düsseldorf, Mr Weidmann pointed out that “reforms to make it easier for start-ups to enter the market would also enhance competition and spur innovative power.”

Prof. Dr. Axel A. Weber, Präsident der Deutschen Bundesbank, Rede beim Neujahrsempfang der Hauptverwaltung Düsseldorf

Faltblatt mit allgemeinen Informationen zu den Vorträgen der Hauptverwaltung in Bayern.

According to the Bundesbank’s Monthly Report, the rise in financing costs and high inflation had a strong impact on the German housing market. Prices for residential real estate continued to rise up until the middle of 2022, but in the second half of the year fell quite significantly for the first time in a long time. By contrast, price pressures came from the massive increase in construction prices and the slow pace of the expansion of housing supply. Residential real estate in Germany continued to be overvalued on an annual average overall.

Rudolf Böhmler, Mitglied des Vorstands der Deutschen Bundesbank, Rede auf dem Neujahrsempfang der Bundesbank-Hauptverwaltung