Deutsche Bundesbank

Bundesbank's new board members approved

GERMANY - The constitution of the Deutsche Bundesbank's new board was settled Friday, a month after lawmakers agreed to adapt the central bank's structure to the era of the European single currency.

Gold market calmer on Welteke reassurance

GERMANY - The gold market was reassured by the statement made by Bundesbank President Ernst Welteke on Thursday that the international agreement limiting gold sales by central banks was worth extending once it expired at the end of 2004 and that any…

WGC responds to speculation on Buba gold reserves

GERMANY - The World Gold Council has responded to speculation arising out of recent statements made by the President of Germany's Bundesbank and others by giving its reasons why the Deutsche Bundesbank should continue to hold its gold reserves.

Welteke flags Buba may sell gold, buy stocks

GERMANY - Bundesbank President Ernst Welteke on Monday surprised central bank watchers by signalling the bank might consider selling part of its gold reserves and reinvesting the proceeds in shares as well as in bonds.

Bundesbank reform heads toward final hurdle

GERMANY - Germany's reform of the once mighty Bundesbank headed toward its final parliamentary hurdle on Wednesday but a last-minute change cast doubt on when the changes would take effect, parliamentary officials said.

Bundesbank reform likely despite state fears

GERMANY - The German government's reform of the Bundesbank should take place on schedule in May, despite regional states' fear they will lose their power to shape policy in Europe's monetary union, an official said on Monday.

Nations start line up for Washington rollover

UK - The announcement last week that Wim Duisenberg is to retire as head of the European Central Bank, and the comments by Bundesbank governor Ernst Welteke Tuesday that Germany may sell some of its gold, has revived industry speculation that the…

Welteke sees no need for rate cuts now - report

PORTUGAL - Current European Central Bank interest rates are appropriate and there is no need for a cut at this time, Bundesbank President and ECB governing council member Ernst Welteke said in a newspaper interview published Friday.

Buba's Welteke sees no '01 recession in Germany

GERMANY - Germany's economy is not in a recession and will grow at a small rate "above zero" in 2001, Deutsche Bundesbank President Ernst Welteke told German daily Frankfurter Rundschau in an interview conducted 22 October, but published on Friday.

Speech by Jurgen Stark of the Deutsche Bundesbank

SPEECH - Speech by Dr. Jurgen Stark, Deputy Governor of the Deutsche Bundesbank. The speech titled 'The euro - the new European money' considers the historical background to the euro, essential features of the new system and the future outlook for the…

Buba Welteke - ECB rate policy no hinder to growth

GERMANY - The European Central Bank's interest rates aren't an obstacle to growth, long-term and real interest rates are low and the ECB must avoid letting long-term inflation expectations build up, Deutsche Bundesbank President Ernst Welteke repeated,…

Buba declines comment on job cuts report

GERMANY - The Bundesbank on Wednesday declined to comment on a newspaper report it would have to slash 6,000 jobs or around a third of its workforce under a reform aimed at streamlining its structure.

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

.