See what has changed in our privacy policy. The euro is a currency that Europeans trust. The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases … The Deutsche Bundesbank , literally "German Federal Bank", is the central bank of the Federal Republic of Germany and as such part of the European System of Central Banks (ESCB). Rather than integrating the complex into the city’s urban fabric and welcoming locals and visitors alike, it tries its best keeping the people that financed its giant 3€ billion price tag (the European taxpayers) out. To do this, we use the anonymous data provided by cookies. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. “This is about the European legal order,” says Olli Rehn, who sits on the ECB’s governing council as head of Finland’s central bank. Key figures and latest releases at a glance. It is sometimes referred to as "Buba" for Bundesbank, while its official abbreviation is BBk. We need to make sure that it is fit for the future. The European Central Bank’s (ECB) risk report on less-significant institutions is the first of what is intended to be an annual series. The stability of the euro zone is once again under scrutiny after the German Constitutional Court issued a decisionlast week that surprised financial markets and policymakers in Europe… The Deutsche Bundesbank is the independent central bank of the Federal Republic of Germany. Discover euro banknotes and their security features and find out more about the euro. The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Cross-border spillover effects of higher capital buffers on lending, risk-taking and internal markets, Working paper no. Browse the ECB’s reports, publications and research papers and filter them by date or activity. Germanys Minister of Finance, Olaf Scholz, has beckoned on the European Central Bank to be steadfast in its move to create the European central bank digital currency. Learn more about how we use cookies, We are always working to improve this website for our users. The focus should now be on preserving these favourable conditions for as long as necessary. Consumers are increasingly using cashless payments and the pandemic seems to be accelerating this trend. We expect negative growth for the end of the year, before the economy starts recovering in 2021 and continues its revival in 2022, says Vice-President Luis de Guindos. 2495: Using forecast-augmented VAR evidence to dampen the forward guidance puzzle, Working paper no. 1, 2 and 5-cent coins: the oak twig, reminiscent of that found on the former German pfennig coins, provides the motif for these coins. The new seat of the European Central Bank in Frankfurt’s Ostend district is a perfect example of urban planning gone utterly wrong. Eurosystem monetary policy is the Bundesbank 's core business area. Headquartered in Frankfurt, Germany… Learn more about how we use cookies, We are always working to improve this website for our users. Dig deeper into the ECB’s activities and discover key topics in simple words and through multimedia. Find out how the ECB promotes safe and efficient payment and settlement systems, and helps to integrate the infrastructure for European markets. This is the latest call for the increase in the pace at which the bank is working to develop the digital currency as the race among banks to … Dig deeper into the ECB’s activities and discover key topics in simple words and through multimedia. To do this, we use the anonymous data provided by cookies. 2496: Interest rate risk and monetary policy normalisation in the euro area, Working paper no. 251: Liquidity in resolution: comparing frameworks for liquidity provision across jurisdictions, Agreement on emergency liquidity assistance (9 November 2020), Study on the payment attitudes of consumers in the euro area, Regulation amending Regulation (EU) No 1333/2014 concerning statistics on the money markets, Working paper no. The perspective of the design, by Reinhard Heinsdorff, emphasises the opening of the gate, stressing the unification of Germany and Europe. Today’s World Statistics Day reminds us of the importance of data we can trust. Cash remains the most popular retail payment instrument in the euro area, although its use is declining gradually, the latest study on payment behaviours shows. See what has changed in our privacy policy, Speech by Fabio Panetta, Member of the Executive Board of the ECB, at the Deutsche Bundesbank conference on the “Future of Payments in Europe”, Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Economics Department and IM-TCD, Trinity College Dublin, Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at The Bank of Finland Monetary Policy webinar: New Challenges to Monetary Policy Strategies, Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the ECB Conference on Money Markets, 23 November 2020, Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Jana Randow, Carolynn Look and Alexander Weber on 30 November 2020, Article by Christine Lagarde, President of the ECB, in L’ENA hors les murs magazine, Interview with Yves Mersch, Member of the Executive Board of the ECB, conducted by Marie Charrel and Eric Albert, Interview with Luis de Guindos, Vice-President of the ECB, conducted by Petri Sajari on 24 November 2020, Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by João Silvestre on 19 November 2020, Blog post by Fabio Panetta, Member of the Executive Board of the ECB, Blog post by Isabel Schnabel, Member of the Executive Board of the ECB, Blog post by Philip R. Lane, Member of the Executive Board of the ECB, Blog post by Luis de Guindos, Vice-President of the ECB, and Fabio Panetta and Isabel Schnabel, Members of the Executive Board of the ECB, Financial stability and macroprudential policy, Euro area economic and financial developments by institutional sector, Euro area insurance corporation statistics, Euro area financial vehicle corporation statistics, Webcasts: hearings at European Parliament, Meetings of the Governing Council and the General Council, Banking Industry Dialogue on ESCB statistics, Implementation of ESA 2010 in euro area accounts, About the Statistical Data Warehouse (SDW), Selected euro area statistics and national breakdowns, Credit institutions and money market funds, Estimated MFI loans to NFCs by economic activity (NACE), Financial corporations engaged in lending, Long-term interest rate statistics for convergence purposes, Financial integration and structure in the euro area, Balance of payments and other external statistics, Balance of payments and international investment position, International reserves and foreign currency liquidity, Cross-border collateral in Eurosystem credit operations, Payment services, large-value and retail payment systems, Securities trading, clearing and settlement, ECB survey of professional forecasters (SPF), Survey on the access to finance of enterprises (SAFE), Household finance and consumption survey (HFCS), Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD), Emergency liquidity assistance (ELA) and monetary policy, Securities settlement systems and central counterparties, Other infrastructures and service providers, Advisory groups on market infrastructures, Debt Issuance Market Contact Group (DIMCG), European Forum for Innovation in Payments (EFIP), Euro area bank interest rate statistics: October 2020, Gradual change seen in euro area payment behaviour, Consolidated financial statement of the Eurosystem as at 27 November 2020, Euro area insurance corporation statistics: third quarter of 2020, Table: Annex to the statistical release on euro area insurance corporation, Fabio Panetta: From the payments revolution to the reinvention of money, Philip R. Lane: Monetary policy in a pandemic: ensuring favourable financing conditions, Philip R. Lane: IMF Policy dialogue: New policy frameworks for a "Lower-for-Longer" world, Isabel Schnabel: COVID-19 and monetary policy: Reinforcing prevailing challenges, Isabel Schnabel: Shifting tides in euro area money markets: from the global financial crisis to the COVID-19 pandemic, Isabel Schnabel: Interview with Bloomberg, Christine Lagarde: The future of money – innovating while retaining trust, Luis de Guindos: Interview with Helsingin Sanomat, Isabel Schnabel: Don’t take it for granted: the value of high-quality data and statistics for the ECB’s policymaking, Fabio Panetta: We must be prepared to issue a digital euro, Philip R. Lane: The outlook for the euro area, Luis de Guindos, Fabio Panetta, Isabel Schnabel: Europe needs a fully fledged capital markets union – now more than ever, Occasional paper no. Key figures and latest releases at a glance. My Cart. In its judgment pronounced today, the Second Senate of the Federal Constitutional Court granted several constitutional complaints directed against the Public Sector Purchase Programme (PSPP) of the European Central Bank (ECB). Find the travel option that best suits you. The cheapest way to get from Germany to European Central Bank costs only 26€, and the quickest way takes just 2¾ hours. Germany issues 'declaration of war' against European Central Bank's £1.9trillion bailout GERMANY'S constitutional court has challenged the European Central Bank to … Germany's top court has ruled that the European Central Bank's mass bond-buying to stabilise the eurozone partly violates the German constitution. Below you can find the local branches for EUROPEAN CENTRAL BANK in Germany. Consumer confidence from Germany and minutes of the monetary policy meeting of the European Central Bank are due on Thursday, headlining a busy day for the European economic news. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency. Our current measures are providing crucial support to the economic recovery in the euro area, writes Chief Economist Philip R. Lane. ECB legal acts and instruments, Statistics for Economic and Monetary Union. But there is no room for complacency as inflation remains far below the aim and risks continue to be tilted to the downside. 2497: How do banking groups react to macroprudential policies? Read about the ECB’s monetary policy instruments and see the latest data on its open market operations. The Court found that the Federal Government and the German Bundestag violated the complainants’ rights under Art. It has formed part of the Eurosystem since 1999, sharing responsibility with the other national central banks and the European Central Bank for the single currency, the euro. ECB Governing Council Press Conference - 10 September 2020, ECB Governing Council Press Conference - 16 July 2020, ECB Governing Council Press Conference - 04 June 2020, Join a Youth Dialogue with Christine Lagarde, ECB Governing Council Press Conference - 30 April 2020, Christine Lagarde, President of the ECB, signing the euro banknotes, 28 November 2019, Travelogue: ECB Executive Board member Benoît Cœuré visiting Vorwerk factory in Cloyes-sur-le-Loir, Youth Dialogue with Christine Lagarde - 27 May 2020, New signature for euro banknotes - 28 November 2019, Christine Lagarde's Keynote Speech - European Banking Congress 2019, Farewell President Draghi - 28 October 2019, ECB Conference on Gender and Career Progression - 21 October 2019, The international role of the euro, June 2018, Financial integration in Europe, May 2018, Price and wage-setting in advanced economies, Legal framework of the Eurosystem and the European System of Central Banks. Discover euro banknotes and their security features and find out more about the euro. The current President of the ECB is Christine Lagarde. The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. 2494: Nowcasting business cycle turning points with stock networks and machine learning, Developments in the sovereign-bank nexus in the euro area: the role of direct sovereign exposures, A macroprudential perspective on replenishing capital buffers, I understand and I accept the use of cookies, See what has changed in our privacy policy. We are always working to improve this website for our users. The headquarters of the European Central Bank (Europaische Zentralbank) is located in the Eurotower building in the business district of Frankfurt am Main (Frankfurt Germany). German officials and experts in numismatics chose three different designs for their euro coins. The European Central Bank (ECB) is headquartered in Frankfurt am Main, Germany. FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging coronavirus infections and new restrictions on activity threaten Europe’s economy. However, they are not expecting the catch-up momentum to continue into the final quarter of … Discover more about working at the ECB and apply for vacancies. Edge lettering of the €2 coin: EINIGKEIT UND RECHT UND FREIHEIT (unity, justice and freedom) and the emblem of the Federal Eagle. What’s it: The European Central Bank (ECB) is the monetary authority for the entire Eurozone.Headquartered in Frankfurt am Main, Germany, the ECB is one of the most influential central banks in the world, apart from the Federal Reserve (the Fed) in the United States.