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 2,5

To continue reading...

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 indvidual account here: