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German Central Bank Loss Points to More Economic Woes for Germany
25 Feb 2025 15:22 GMT
The president of Germany’s central bank, which on Tuesday reported an annual loss for the first time in more than 40 years, said that Germany faced another year of economic stagnation, more gloomy news for a country that is struggling to grow.
“It is not …
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U.S. tariffs pose "significant risks" to economy, says German central bank chief
17 Feb 2025 17:35 GMT
FRANKFURT, Feb. 17 (Xinhua) -- The German Bundesbank President Joachim Nagel, warned on Monday that U.S. tariffs would have a particular impact on Germany, posing "significant risks" to the country's economic growth.
Speaking at the Speaker…
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German economy faces stubborn stagnation: Deutsche Bundesbank
02 Mar 2025 03:05 GMT
… in this, according to the Deutsche Bundesbank.The central bank’s president …
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Deutsche Bundesbank posts €19.2 billion loss for 2024
26 Feb 2025 19:58 GMT
… year of losses for the Deutsche Bundesbank, where the reserves had generated …
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Former finance minister urges German central bank to consider Bitcoin as a reserve asset
30 Dec 2024 12:50 GMT
Former German Finance Minister Christian Lindner has advocated for including cryptocurrencies like Bitcoin in the European Central Bank and Bundesbank reserves to strengthen financial resilience and keep pace with global trends.
According to the German …
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German central bank cuts growth forecasts as headwinds intensify
13 Dec 2024 12:01 GMT
Germany’s central bank on Friday sharply downgraded its growth forecasts for next year and 2026, predicting a prolonged period of weakness for Europe’s biggest economy as it battles multiple headwinds.
From a manufacturing slowdown and weak export demand …
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German central bank slashes growth outlook for 2025, 2026
13 Dec 2024 10:49 GMT
The German Bundesbank on Friday said the sluggish growth of the German economy would last significantly longer than it had previously assumed, cutting its economic forecasts for 2025 and 2026.
It comes as Europe's largest economy faces multiple …
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German central bank chief calls for debt rule reform
04 Dec 2024 23:01 GMT
FRANKFURT (AFP) – The head of Germany’s central bank backed calls to reform the country’s stringent debt rules in comments published yesterday as years of underinvestment weigh down Europe’s second-largest economy. Relaxing the rules to allow more spending …
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German Central Bank Joins MAS-Led Project Guardian
12 Nov 2024 07:21 GMT
… month in your Inbox
The Deutsche Bundesbank has become a member of … are delighted to welcome the Deutsche Bundesbank to Project Guardian.
The Bundesbank …
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German Central Bank: Mergers Must Yield ‘Robust’ Competition
18 Sep 2024 20:20 GMT
The chief of Germany’s central bank wants bank mergers to produce robust, competitive institutions.
“We need strong and robust banks so that companies can tackle and finance their future tasks,” Bundesbank chief Joachim Nagel said while addressing a …