Deutsche Bundesbank
Deutsche Bundesbank Monthly Report, November 2006
The Deutsche Bundesbank published the English version of its November 2006 Monthly Report on Thursday 14 December. The report said euro- zone interest rates are still very low and inflation risks persist despite a recent drop in the inflation rate.
Buba's Weber says ECB won't bow to rate pressure
The European Central Bank will definitely not put off possible further rises in interest rates to avoid potential clashes with eurozone politicians, Bundesbank President Axel Weber said Friday 15 December in an interview with the Frankfurter Allgemeine…
Bundesbank to cut another 800 jobs
The Bundesbank said Wednesday 13 December it is to cut an additional 800 jobs over the next six years.
Dallas Fed's Fisher on German economic decline
In the speech 'Is German economic decline exaggerated or inevitable?' given on 20 November Richard W. Fisher of the Federal Reserve Bank of Dallas said Germany has embarked upon what is certain to be a long and difficult journey to secure its future in a…
Bundesbank FSR sees growth at 2.5%
The Bundesbank's latest Financial Stability Review notes that a 2.5% increase in the country's GDP growth this year is "a realistic prospect."
Buba's Fabritius on the new TARGET2 system
In the speech 'The new TARGET2 system and recent developments in European securities settlement' given on 15 November Hans Georg Fabritius of the Bundesbank said we will only be able to realise TARGET2 Securities with the active involvement and…
Deutsche Bundesbank Monthly Report, October 2006
The Deutsche Bundesbank published the English version of its October 2006 Monthly Report on Friday 17 November. The report said the German economy has probably continued to expand at a fast pace in the third quarter, driven mainly by a strong…
Drug linked to disintegrating euros
A mystery substance that caused some euro banknotes in Germany to fall to pieces may be linked to the party drug crystal speed, Der Spiegel magazine reported on Saturday 11 November, quoting regional police.
Meister on the EU Banking Stability Report
In a speech given on 7 November Edgar Meister of the Banking Supervision Committee said as analysts of banking sector stability, we have to take into account that the links between large EU banks and hedge funds are intensifying.
Acid blamed for crumbling German banknotes
German authorities revealed Thursday 2 November that more than 1,000 German banknotes have mysteriously disintegrated in recent months, possibly due to acid on the brittle notes.
Buba's Weber on central bank independence
In the speech 'The independence of the central bank and inflation - the Bundesbank example' given on 26 October Axel Weber of the Bundesbank said the most important aspect of central bank independence in the euro area is that the central banks of the…
Buba's Weber warns inflation fall is temporary
Bundesbank President Axel Weber said the current decline in inflation rate is temporary and does not necessarily signal a long-term easing of inflationary risks, according to an interview with Tagesspiegel newspaper published Wednesday 25 October.
Deutsche Bundesbank Monthly Report, September 2006
The Deutsche Bundesbank published the English version of its September 2006 Monthly Report on 17 October. The report said German banks may not be able to match 2005 profit levels this year in the wake of rising uncertainties in the capital markets.
Trichet endorses rate hike expectations
European Central Bank President Jean-Claude Trichet on Thursday 12 October again endorsed market expectations of a further hike in euro zone interest rates by the end of the year.
Buba's Weber on financial system modernisation
In a speech given on 29 September Axel Weber of the Bundesbank said efficient financial structures contribute to increasing the potential for stronger non-inflationary economic growth.
Weber sees inflation risks despite oil price fall
Germany's Bundesbank president Axel Weber said Thursday 28 September the eurozone still faces inflation risks despite the recent dip in oil prices.
Deutsche Bundesbank Monthly Report, August 2006
The Deutsche Bundesbank published the English version of its August 2006 Monthly Report on 14 September. The report said the German economy is likely to improve further this year after strengthening significantly since January, while it warned that…
Tietmeyer may become 'God's banker'
According to the Catholic News website, Pope Benedict has sounded out former Bundesbank president Hans Tietmeyer for the key post as head of the Institute for Religious Works, better known as the Vatican Bank.
ECB's Weber says 2007 rate outlook open
European Central Bank council member Axel Weber told reporters in Frankfurt late on Tuesday 5 September that eurozone interest rates may have to rise next year.
Monetary policy "still very accommodative" - Weber
Interest rates will rise as the Eurozone's economy continues to grow, said Axel Weber, the president of the Bundesbank.
Deutsche Bundesbank Monthly Report, July 2006
The Deutsche Bundesbank published the English version of its July 2006 Monthly Report on 10 August. The report said the German economy likely gained momentum in the second quarter, helped by the building industry and an influx of visitors to the soccer…
Buba paper on the diversification of German banks
The Bundesbank Discussion Paper "Does diversification improve the performance of German banks? Evidence from individual bank loan portfolios" investigates the link between banks' profitability (ROA) and their portfolio diversification across different…
Deutsche Bundesbank Monthly Report, June 2006
The Deutsche Bundesbank published the English version of its June 2006 Monthly Report on 24 July. The report said Germany appears to have overcome a long phase of weak investment activity.
Buba's Weber sees limited World Cup effect
The impact of the recent World Cup is unlikely to have a lasting effect on the German economy, Bundesbank president Axel Weber said in an interview published Tuesday 11 July.