German govt confirms Bundesbank staff cut plan

The German government is considering plans to reduce the size of the Bundesbank's staff with cuts that go beyond a current round of planned reductions, the Finance Ministry said on Saturday 7 January.

Confirming a report in Der Spiegel magazine, the ministry said deputy Finance Minister Barbara Hendricks sent a letter to a member of parliament for the opposition Free Democrats saying further cuts at the central bank were being examined.

The magazine said that the central bank had eliminated 2,500

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.