Archive of topic posts
In the following list you find chronologically listed articles.
Use the search filter to narrow the period, to choose one main topic or to search the full text.
-
Mauderer: “Central banks and supervisors also need to consider nature-related risks and biodiversity loss”
16.05.2023 DE
“Central banks and supervisors also need to consider nature-related risks and biodiversity loss,” urged Sabine Mauderer, member of the Bundesbank’s Executive Board, in her opening speech at this year’s Bundesbank Spring Conference. “Because there will be no stable climate without a healthy natural world – and vice versa.” President Joachim Nagel used his welcome address at the “Central Banks and Climate Change” research conference to stress that “by pursuing price stability, the Eurosystem is supporting the green transition”.
-
Mr Nagel on Europe Day: “For me, Europe essentially means freedom, democracy and diversity”
09.05.2023 DE
9 May is Europe Day – an annual day of commemoration to celebrate unity and peace in Europe. On this day back in 1950, Robert Schuman set out his idea for a new form of political cooperation in Europe, ultimately creating the European Union. “For me, Europe essentially means freedom, democracy and diversity,” said Bundesbank President Joachim Nagel, honouring this anniversary.
-
Monthly Report: How climate change is challenging banking supervision
25.04.2023 DE
Climate change and the transition to a climate-neutral economy are also presenting banks with major challenges. On the one hand, extreme weather events can directly impair banks’ loan collateral if, for example, property is destroyed. On the other hand, the transition to a climate-neutral economy can have an indirect impact on banks if the underlying conditions for enterprises change substantially and sometimes unpredictably. Banks need to develop new methods in order to measure and manage the resulting risks. Supervisors will be keeping a close eye on the progress made by banks in this area over the next few years.
-
Monthly Report: Wealth in Germany up significantly
25.04.2023 DE
Household wealth in Germany increased between 2017 and 2021. For example, households’ average net wealth went up by €83,600 to €316,500 between those two years. In particular, households with low wealth saw strong growth relative to their existing wealth. This is the finding of a Bundesbank study regularly examining household wealth and finances (the Panel on Household Finances, or PHF).
-
German economic output at beginning of year better than expected
24.04.2023 DE
“The German economy beat last month’s expectations in the first quarter of 2023,” according to the Bundesbank’s latest Monthly Report. While persistently high inflation weighed on private consumption, industry saw a stronger recovery than expected. The Bundesbank is anticipating positive employment developments and a slight decline in the inflation rate in the coming months.
-
Inflation 1923. War, Money, Trauma Exhibition at the Historical Museum Frankfurt
20.04.2023 DE
From 3 May to 10 September 2023, the Historical Museum Frankfurt, in cooperation with the Bundesbank’s Money Museum, will host the exhibition “Inflation 1923. War, Money, Trauma”. The exhibition explores the diverse consequences of the great devaluation in 1923. Through the media of artistic and literary testimonies, the exhibition showcases people’s experience with hyperinflation, taking Frankfurt as an example.
-
Bundesbank’s Nagel: “From a monetary policy perspective, there is still a way to go”
13.04.2023 DE
Bundesbank President Joachim Nagel believes that the ECB should continue to raise interest rates given high levels of inflation. “From a monetary policy perspective, there is still a way to go here,” he said at a joint press conference with Germany’s Finance Minister Christian Lindner at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington DC. However, he would not commit to any order of magnitude, Mr Nagel went on.
-
Directorate General Banking and Financial Supervision reorganised
03.04.2023 DE
The Directorate General Banking and Financial Supervision has been reorganised with effect from 3 April 2023.
-
Opening of the BIS Innovation Hub Eurosystem Centre in Frankfurt and Paris
28.03.2023 DE
The Bank for International Settlements (BIS), the European Central Bank, the Deutsche Bundesbank and the Banque de France have opened the BIS Innovation Hub Eurosystem Centre next week in Frankfurt am Main and Paris. The ceremony was streamed live on Tuesday, 28 March 2023. Speakers included Agustín Carstens, General Manager of the BIS; Christine Lagarde, President of the ECB; François Villeroy de Galhau, Governor of the Banque de France; and Joachim Nagel, President of the Deutsche Bundesbank.
-
Bundesbank welcomes government initiative to promote financial education
24.03.2023 DE
Germany’s Federal Ministry of Finance and Federal Ministry of Education and Research have launched an initiative aimed at strengthening financial education. Bundesbank Executive Board member Burkhard Balz, attending the kick-off event on 23 March in Berlin, expressed his strong support for this initiative.