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Germany

Bundesbank's Weber on the IMF

In closing remarks to the Joint IMF-Bundesbank Symposium given on 8 June, Axel Weber of the Deutsche Bundesbank said the IMF is an indispensable engine to improve the functioning and stability of the international monetary system.

Bundesbank's Weber on bank relationships

In the speech 'Bank relationships, financial integration, and monetary policy' given on 3 June, Axel Weber of the Deutsche Bundesbank said traditionally continental European financial systems have been dominated by bank relationships and credit financing.

Deutsche Bundesbank Monthly Report, May 2005

The Deutsche Bundesbank published the English version of its May 2005 Monthly Report on 16 June. The report said the ECB's monetary policy does not pose an obstacle to economic growth in Germany, where the pace of recovery is slowing down in the second…

Former Buba president takes job at Russian bank

The former head of Germany's Bundesbank, Ernst Welteke, who resigned in April last year after criticism for accepting a free hotel stay from a commercial bank, has been appointed independent board member at a bank in southern Russia, Russian media…

Bundesbank's Weber: Let us face up to the risks!

In the speech 'Let us face up to the risks!' given on 28 May, Axel Weber of the Deutsche Bundesbank said there is no contradiction between the reasonable performance of central banks in recent decades and the impression that they face formidable risks…

Bundesbank's Remsperger on macroeconomic risks

In the speech 'Macroeconomic risk and policy responses' given on 27 May Hermann Remsperger of the Deutsche Bundesbank said few central bankers would dispute the need to firmly anchor long-run inflation expectations at a low level. However, there may be…

Deutsche Bundesbank Monthly Report, April 2005

The Deutsche Bundesbank has published the English version of its April 2005 Monthly Report. Germany's economy returned to growth in the first quarter of this year with exports continuing to underpin expansion as domestic demand remained weak.

Buba's Stark on new trends in financial markets

In the speech 'Some new trends in financial markets' given on 23 April, Jurgen Stark of the Deutsche Bundesbank said the financial industry is one of the most globalised industries in the world. Supervisors cannot limit their attention to what is going…

Bundesbank's Meister on Basel II

In a speech on 'The supervisory implications of Basel II' given on 20 April, Edgar Meister of the Deutsche Bundesbank said that a common goal that finance ministries, central banks and supervisory authorities are sharing is to enhance the stability of…

Buba's Weber says Q1 growth high

Bundesbank President Axel Weber said on Tuesday 26 April that Germany's economic growth in the first quarter was likely the "strongest" in the year, and is estimated to have posted "roughly about 0.5 pct" GDP growth.

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…

Interview with Bundesbank's Weber

Speaking in an interview on Wednesday 16 March, Bundesbank president Axel Weber said with higher incomes resulting from an increase in 2006 German employment, there should be better consumption and thus a recovery in the domestic economy.

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