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Jens Weidmann at the Frankfurt Finance Summit
According to Bundesbank President Jens Weidmann, the German economy has probably moved past the trough of the coronavirus crisis.
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Jens Weidmann at the Frankfurt Finance Summit
President Jens Weidmann pointed out that the experts were forecasting only a slow recovery when measured against the sudden slump experienced: “
Economic activity is expected to return to its pre-crisis level only towards the end of 2022
,” he noted. Nevertheless, he is not anticipating any major long-term harm for the economy’s potential output, albeit based on the assumption that a medical solution to combat the pandemic will be available in the middle of next year. -
Bundesbank projections: German economy will recover after deep recession
05.06.2020 DE
According to the latest Bundesbank projections, the German economy will recover following a deep recession in the second quarter of this year. Economic output is estimated to shrink by 7% in 2020, but in the next two years, real gross domestic product (GDP) will then increase by 3 to 4% per year.
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German economy slumps across the board
18.05.2020 DE
“German economic output underwent a massive decline in the first quarter of 2020 owing to the COVID-19 pandemic and the measures taken to contain it,”
the Bundesbank notes in the current issue of the Monthly Report. Since these measures were still in place in April and substantial restrictions are likely to persist in spite of an easing in some cases, the experts expect economic output in the second quarter to be significantly lower still. -
Borrowing money Media package for secondary level I
16.04.2020 DE
Short film from the media pact "Dealing with Money" for lower secondary school. Moderated by Philipp Walulis.
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Investing money Media package for secondary level I
16.04.2020 DE
Short film from the media pact "Dealing with Money" for lower secondary school. Moderated by Philipp Walulis.
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Paying with money Media package for secondary level I
16.04.2020 DE
Short film from the media pact "Dealing with Money" for lower secondary school. Moderated by Philipp Walulis.
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Planning with money Media package for secondary level I
16.04.2020 DE
Short film from the media pact "Dealing with Money" for lower secondary school. Moderated by Philipp Walulis.
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Statement by Jens Weidmann on the Annual Report 2019
28.02.2020
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Bundesbank posts distributable profit of €5.9 billion in 2019
28.02.2020 DE
The Bundesbank posted a profit of €5.8 billion for the 2019 financial year. Following adjustment of the reserves, the Bank registered its highest distributable profit since 2008, at €5.9 billion.
“Lower risk provisioning is the main reason for this strong rise in the profit for the year,”
Bundesbank President Jens Weidmann explained.