Archive of topic posts
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© Dieter RoosenMarginal growth in German economy
18.11.2019 DE
The German economy saw only marginal growth in the third quarter of 2019. According to the Bundesbank’s latest Monthly Report, this persistently weak growth – gross domestic product (GDP) was up by 0.1% on the preceding quarter – was due to the ongoing sluggishness in the export-oriented industrial sector.
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© PARETO / Getty ImagesThe sustainable finance market – an overview
15.11.2019 DE
The European sustainable finance market is currently undergoing dynamic growth. Bundesbank experts believe that new transparency requirements, more information and clear definitions would give the market an additional boost and provide clarity for investors.
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© Takuya Fujisawa, PhotographyNew Bundesbank representative in Tokyo
07.11.2019 DE
Executive Board member Burkhard Balz introduces the Bundesbank’s new representative in Tokyo. Uwe Nebgen takes over from Gudrun Moede, who headed the representative office in Japan for four years.
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© Nils ThiesWeidmann and Mauderer: Protecting the climate a hugely important topic for central banks
Bundesbank President Jens Weidmann and Executive Board member Sabine Mauderer say that central banks do have a part to play in forging a more sustainable financial system. But speaking at a conference in Frankfurt am Main, they both warned against overburdening monetary policymakers with climate policy objectives.
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© FotoliaMonthly Report: The long-term outlook for the statutory pension insurance scheme
24.10.2019 DE
Demographic change in Germany is exerting increasing pressure on the German pension system. It would seem reasonable not to concentrate the resulting burdens on individual variables of the pension insurance system and also to adjust the retirement age in line with rising life expectancy, write the Bundesbank’s economists in the current Monthly Report.
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© Dieter RoosenEconomic output could have contracted again
23.10.2019 DE
Economic output in Germany could have contracted again slightly in the third quarter of 2019 compared with the second quarter. According to the Bundesbank’s latest Monthly Report, this is due to continued weakness in export-based industry. By contrast, the domestic economy continued to provide impetus.
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© Tim WegnerMauderer: Central banks a catalyst for a more sustainable financial system
22.10.2019 DE
Sustainability criteria are playing an increasingly important role in central banks’ portfolio management activities. This is one of the findings in a new investment guide published by the Network for Greening the Financial System, which Bundesbank Executive Board member Sabine Mauderer unveiled at the IMF Annual Meeting in Washington, D.C.
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© German Embassy PretoriaNew Bundesbank representative in Pretoria
15.10.2019 DE
Eugen Töws is the new Bundesbank representative in Pretoria (South Africa). He succeeded Jenny Kilp on 1 August. Töws had previously worked in the Bundesbank’s Directorate General Banking and Financial Supervision.
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© Nikita MarkovChange of office in Moscow
04.10.2019 DE
Britta Weinmann is the Bundesbank’s new representative at the German embassy in Moscow. Ms Weinmann, who previously worked in banking supervision at the Bundesbank’s Regional Office in Hesse, took over the role based in Russia’s capital city from Sven Redel on 1 August.
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New €STR overnight rate published
02.10.2019 DE
On 2 October 2019, the European Central Bank started publishing the euro short-term rate (€STR). The €STR complements existing private sector reference rates and is also recommended as the new overnight reference rate for the euro area.