Financial Markets

KfW Cap­i­tal: The KfW Group’s new sub­sidiary

KfW Capital launched operations in October 2018 as a new subsidiary of the KfW Group. The KfW Group is Germany’s third largest bank and the world’s largest national promotional bank. KfW Capital will team up with private investors to invest in venture capital funds, with the aim of helping start-ups gain easier access to capital.

Latest

4 March 2019

Call for Papers: Fiscal Policy Seminar 2019

For our next Fiscal Policy Seminar on 7-8 October 2019, the Federal Ministry of Finance is once again looking for research papers that present new and innovative ideas. This year’s theme is: “Analysing developments in savings, investments and interest rates – reassessing the role of fiscal policies for growth and stabilisation”. We are now accepting submissions.

25 February 2019

January 2019 monthly report: Fiscal Policy Seminar

The German Finance Ministry’s inaugural Fiscal Policy Seminar, entitled “Rethinking Market Discipline”, took place on 13 and 14 December 2018. The two-day event brought together experts from academia, central banks and government ministries to discuss the role that well-functioning and stable financial markets play in fostering sound fiscal policies. A Best Paper Award was presented during the seminar, with prize money of €5,000.

17 December 2018

Fiscal Policy Seminar 2018

The Finance Ministry’s first Fiscal Policy Seminar took place in Berlin on 13-14 December 2018. The two-day event brought together experts from academia, central banks and government ministries – and hailing from a total of 14 countries – to discuss the role that stable financial markets play in fostering sound fiscal policies. This year’s Best Paper Award was presented to a group of four co-authors whose study showed that financial markets exert disciplinary effects on the actions that governments take.