Archive of topic posts
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© Tim WegnerBundesbank reassigns key management posts
03.05.2019 DE
Diana Rutzka-Hascher, previously President of the Bundesbank’s Regional Office in Hesse, is now head of the Bank's Directorate General Human Resources at Central Office, while HR chief Thomas Ollinger has taken her position as the new President of the Regional Office. Bundesbank President Jens Weidmann congratulated the two officials at a function in Frankfurt am Main attended by around 170 invited guests.
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© Alexander LipponerFederal President of Germany appoints Jens Weidmann President of the Bundesbank for another eight years
Federal President of Germany Frank-Walter Steinmeier has appointed Jens Weidmann President of the Bundesbank for another eight years, with effect from 1 May. At Schloss Bellevue in Berlin, the Federal President presented Mr Weidmann with the certificate of appointment for his second term of office.
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Bundesbank and National Bank of Belgium show art collections in Brussels
23.04.2019 DE
In their first-ever joint exhibition, the National Bank of Belgium and the Deutsche Bundesbank will put works from their respective art collections on public display. The exhibition “Building a Dialogue. Two Corporate Collections of Contemporary Art” shows works by 44 artists in total. The exhibition can be viewed in the renovated modernist counter hall of the National Bank of Belgium, located in the centre of Brussels.
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© Dieter RoosenBundesbank calls for reform of European budgetary rules
Experts from the Bundesbank have criticised the common European budgetary rules and their implementation as becoming less and less comprehensible and predictable. They are calling for reforms to restrengthen the rules’ binding force.
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NGFS calls for action by central banks
17.04.2019
NGFS calls for action by central banks, supervisors and all relevant stakeholders for greening the financial system.
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© Maximilian StockModerate growth in German economy
15.04.2019 DE
The German economy grew moderately in the first quarter of 2019. However, in the Bundesbank’s assessment, the still positive development was largely attributable to one-off effects. The Bundesbank's economists write that the already booming construction sector profited further from the favourable weather in February, for example.
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© Peter KneffelWealth in Germany up significantly
Household net wealth in Germany increased significantly between 2014 and 2017. In particular, real estate owners benefited from rising prices in this context. The distribution of wealth remains unequal.
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© Bundesministerium der Finanzen / PhotothekWeidmann: Significant slowdown in economic activity in Germany
12.04.2019 DE
Economic activity in Germany has slowed down significantly. Speaking on the sidelines of the IMF and World Bank spring meeting in Washington, Bundesbank President Jens Weidmann noted that economic growth in 2019 will lag far behind potential output growth of 1.5%.
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© Frank RumpenhorstWuermeling: Sustainable business model crucial for bank mergers
Bundesbank Executive Board member Joachim Wuermeling has noted that the Bank is neutral when it comes to bank mergers. “We may monitor such processes, but we certainly do not initiate them,” he announced at the Bundesbank’s 2019 banking symposium in Frankfurt am Main.
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© Dieter RoosenGerman economy still lacklustre as 2019 kicks off
Economic activity in Germany remained subdued at the start of the new year. According to the current issue of the Bundesbank’s Monthly Report, this was primarily due to industrial activity continuing to cool. By contrast, the construction sector and private consumption buoyed growth.