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bundesbank-finanzstabilitaetsbericht Bundesbank publishes 2022 Financial Stability Review
The Bundesbank published its annual Financial Stability Review on 24 November 2022. In the review the Bundesbank explains vulnerabilities in the German financial system and highlights risks to its stability.
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ccyb-indikatoren New indicators for setting the CCyB rate (Q2-2022)
The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q2 2022.
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Taxation What are taxes and what are they used for?
Taxes are the state’s most important source of revenue. The state uses the money to pay for things that are in the public interest. But who decides how much we have to pay in taxes? And why are there so many different kinds of taxes? This brochure provides answers to these and other important questions relating to taxes. It shows who pays what kinds of taxes and explains key terms using …
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Public Finances German Draft Budgetary Plan 2023
Germany’s 2023 draft budgetary plan presents the fiscal projections for the budgets of the Federation, Länder, local authorities and social security funds (including their off-budget entities) on the basis of current trends and planning.
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ukraine Exchange scheme hryvnia-to-euro to expire on 30 October 2022
The Federal Ministry of Finance and the Deutsche Bundesbank have agreed with the National Bank of Ukraine to let the hryvnia-to-euro exchange scheme expire.
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Climate action First impact report for Green German Federal securities published
On 20 April 2021, the German government published the first allocation report for its Green Federal securities issued in 2020. The “Green Bond Allocation Report 2020” provides investors with transparent and binding information on expenditures from the federal government’s environmental and climate protection programmes. It lists expenditures recognised as “green” in the 2019 federal budget and …
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esrb-warnung ESRB Warning on vulnerabilities in the Union financial system (22 September 2022)
The ESRB issued a warning about risks to EU financial stability. It calls for resilience in the financial system to be preserved or enhanced in order to support the economy if these risks materialise.
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Public Finances A timeline: Measures to compensate for National Socialist Injustice
This brochure provides a chronological overview of the compensation and restitution measures that have been adopted by Germany from the end of the Second World War up to the year 2020. Many of the measures listed are accompanied by a brief description. Sources are also provided in order to facilitate more in-depth research.
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ccyb-indikatoren New indicators for setting the CCyB rate (Q1-2022)
The time series for the indicators used to set the CCyB have been updated. The time series are now available for Q1 2022.