Deutsche Bundesbank
Deutsche Bundesbank Monthly Report, February 2005
The Deutsche Bundesbank has published the English version of its February 2005 Monthly Report. The report expressed cautious optimism on the outlook for German growth this year, despite the surprise contraction in gross domestic product in the final…
Bundesbank report optimistic on economy
The Bundesbank expressed cautious optimism on the outlook for German growth this year in its February report released on Monday 21 February, despite the surprise contraction in gross domestic product in the final quarter of 2004.
Deutsche Bundesbank Monthly Report, January 2005
The Deutsche Bundesbank published the English version of its January 2005 Monthly Report on 14 February. "The available indicators continue to suggest only weak overall production growth in the final months of last year," the bank said in the report.
Inflation differentials among euro area countries
In a paper presented at the joint American Economic Association session 'The Theory of Optimum Currency Areas Revisited' Hermann Remsperger of the Deutsche Bundesbank reviews the development, potential causes and macroeconomic implications of inflation…
Deutsche Bundesbank Monthly Report, December 2004
The Deutsche Bundesbank's December 2004 Monthly Report said growth in the German economy faltered in the third quarter of 2004.
Eichel says EU 3% deficit limit to stay in revamp
German Finance Minister Hans Eichel said on Monday 17 January that planned changes to European Union rules that limit budget deficits and debt levels in the euro region won't alter the two existing numerical thresholds.
Deutsche Bundesbank Monthly Report, November 2004
The Deutsche Bundesbank's November 2004 Monthly Report said the economic upswing ran into difficulties during the third quarter of 2004 after the recovery process had gained considerable momentum in the two preceding quarters.
Deutsche Bundesbank Monthly Report, October 2004
The Deutsche Bundesbank's October 2004 Monthly Report said the stability of the German financial system has strengthened further since the end of last year. This was assisted, the report says, by the rapid brightening of the macroeconomic climate in the…
Remsperger on the Bundesbank's view of the outlook
In a speech on 'The Bundesbank's view of the economic outlook and economic policy challenges' given on 25 October, Hermann Remsperger of the Deutsche Bundesbank said the German economy remains vulnerable to a slowdown in global economic activity. This is…
Deutsche Bundesbank Monthly Report, September 2004
The Deutsche Bundesbank's September 2004 Monthly Report finds that according to the latest data, industry is still on an upward trend. Following weaker figures in June, both new orders and output showed a further clear seasonally adjusted rise in July,…
Deutsche Bundesbank Monthly Report, August 2004
German business confidence dropped for the third month in four in August and the number of unemployed rose to the highest since May of last year. The surge in oil prices to record levels this year may further delay a recovery in consumer spending, the…
Buba's Stark sceptical on budget pledge
The Bundesbank believes the German public deficit, set to exceed EU limits for the third year in a row this year, will again be higher than the European Stability and Growth Pact allows next year, the financial daily Boersen-Zeitung reported.
Deutsche Bundesbank Monthly Report, July 2004
The Deutsche Bundesbank published the English version of its July 2004 monthly report on 5 August. June saw a slowdown in the rise in consumer prices, with the general price level falling slightly in seasonally adjusted terms.
Weber: German economy has 'turned the corner'
The German economy has performed better than expected in the second quarter, with GDP growth estimated at about 0.5 pct from the first quarter, when it grew 0.4 pct from the previous quarter, Bundesbank president Axel Weber said.
Deutsche Bundesbank Monthly Report, June 2004
The Deutsche Bundesbank has published the English version of its June 2004 monthly report. The discernible upturn in the economy during the second half of 2003 became somewhat stronger in the first quarter of this year, the report said.
Bundesbank reports German economy picking up
Growth of the German economy, the biggest in the euro zone, is likely to have outpaced the first-quarter rate of 0.4% in the second quarter of the current year, the Bundesbank said on Monday 19 July.
Bundesbank urges Brussels to 'reactivate' pact
The Bundesbank urged the European Commission in Brussels Tuesday to "reactivate" the European Stability and Growth Pact in its current form, following a landmark ruling on the EU's strict budget rules by the European Court of Justice.
Deutsche Bundesbank Monthly Report, May 2004
The Deutsche Bundesbank has published the English version of its May 2004 monthly report. In the first few months of 2004 the global economic upturn grew both stronger and more widely based. The terrorist attacks in Madrid and the escalation of the…
Germany's Weber on financial stability
In a speech on 'Financial Stability and Globalisation' at the Second Conference of the Monetary Stability Foundation given on 3 June, Axel Weber of the Bundesbank said it is his wish that the conference will ultimately help to improve understanding of…
bundesbank's Remsperger on real-time data
In a speech on 'Real-Time Data and Monetary Policy' given on 28 May, Hermann Remsperger of the Bundesbank said that research on real-time data is of utmost importance for central banks.
Deutsche Bundesbank Monthly Report, April 2004
The Deutsche Bundesbank has published the English version of its April 2004 monthly report. the German economy has continued its moderate upturn which began in the summer of 2003. According to the Bundesbank's calculations, real gross domestic product …
Welteke won't get full salary to 2007
Former Bundesbank President Ernst Welteke won't draw his full salary as German central bank chief over the next three years after quitting last week, denying a report in the Financial Times Deutschland newspaper.
Focus on Weber, the Bundesbank's surprise choice
Little was known about economics professor Axel Weber, the German government's surprise choice to head the Bundesbank this week, who told a news conference on Wednesday 21 April that he jogs to relax.
Welteke dashes hopes of ECB rate cut
Bundesbank president and European Central Bank (ECB) governing council member Ernst Welteke sought in a TV interview to dampen hopes for an interest rate cut.