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| | Bundesbank may raise interest rates to defend Deutschmark |
 | | The Bundesbank's professed concern is that because the bulk of industrial raw material inputs plus fuel and energy are dollar-priced commodities, a weak Deutschmark brings the risk of imported inflation. | | | Last week the Bundesbank issued an unusual statement that it would pay great attention to the Deutschmark's exchange rate and activity in the financial markets in future interest rate decisions. | | | While the key securities repurchase rate - at which the Bundesbank provides money to banks against the collateral of gilts - was left unchanged at 3%, that applies for only two weeks. |
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http://www.btimes.co.za/97/0803/world/world.htm
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| | George Wing |
| | Liquidity paper is issued by the government to the Bundesbank, not to finance public debt, but to give the bank money to fix short term problems in the money market. | | | Unlike the Federal Reserve however, the Bundesbank is responsible for the banking of the country. | | | With the Bundesbank conducting regular transactions and having to maintain balances this insures that the banks stay solvent. |
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http://facweb.furman.edu/~dstanford/41papers/wing.html
(1151 words)
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| | Germany, Bundesbank Clash Over Currency Maneuver |
| | In a rare public clash between the government and the powerful Bundesbank, the central bank said that it opposed the government's plan to virtually erase the budget deficit this year by revaluing the bank's gold reserves to book a quick profit. | | | The move dramatized the German government's increasingly serious plight characterized by a heavy debt burden, shrinking tax revenues and a ballooning budget deficit. | | | But the government Wednesday night said in a statement that its accounting adjustment "in no way infringes on the successful stability policy of the Bundesbank, its independence and its sole responsibility for monetary policy." The statement signed by Kohl and Finance Minister Theo Waigel and other government leaders, followed the bank's declaration by minutes. |
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http://www.mtholyoke.edu/acad/intrel/gergold.htm
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| | Deutsche Bundesbank - Homepage |
| | The ExtraNet is the Bundesbank’s e-business platform, which, in addition to the “Reporting” section, provides information on the new method of submitting statistical and banking supervisory reports. | | | Up-to-date information on selected issues concerning the Bundesbank (including gold and foreign reserve assets, price developments in the euro area, the Stability and Growth Pact) may be found under current issues. | | | In addition, information on exchanging foreign currency can be found in the "Currency" section. |
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http://www.bundesbank.de/index.en.php
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| | The History of the Bundesbank: Lessons for the European Central Bank |
| | The contributors provide a number of comparisons between the ECB and the Bundesbank, and examine Bundesbank policy in the recent past with a view to deriving lessons for ECB policy. | | | By this definition, the federal government and the Bundesbank were pursuing contradictory policies about every other year of the post-war period. | | | Also, the simple day-to-day management of central bank policy turned out to be more of a challenge for the ECB than many had expected. |
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http://www.eh.net/bookreviews/library/0395.shtml
(1466 words)
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| | [No title] |
| | If German credit institutions undertake operations in another EU member state, the Federal Banking Supervisory Office and the Bundesbank, to the extent that the latter takes action under the Banking Act, are required to cooperate with the banking supervisory authorities of that state (section 8 (3) sentence 1 of the Banking Act). | | | This clause stipulates that credit institutions and insurance enterprises must report their loans of three million Deutsche Mark or more to the Bundesbank, which adds together the loans to individual borrowers and subsequently notifies the lenders of the total indebtedness of their borrowers and the number of lenders involved. | | | It is only the Bundesbank system, with its main offices and branch offices, that permits efficient and cost-effective supervision, at the local level, of the over 4,000 credit institutions in the Federal Republic of Germany. |
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http://www.law.nyu.edu/centralbankscenter/texts/Deutsch_Bundesbank_Banking_Act.html
(15109 words)
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| | THERE MAY BE NO GOLD IN THE BUNDESBANK VAULTS |
| | The Bundesbank has loaned 1,700 tonnes, half its 3,400 tonnes reserve; the other 1,700 tonnes were swapped for gold in the US reserves. | | | He knew that the Bundesbank was an active lender of gold, but he had a difficult time accepting the possibility that all 3,400 tonnes that it owned had been loaned. | | | And the informed rumor from totally reliable sources is that the Bundesbank then felt compelled to go beyond earlier more prudent lending, to now provide the Deutsche Bank (and perhaps other banks) with direct and indirect loans to the full amount of its reserves. |
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http://people.montana.com/~calsch/BundesAg.htm
(3334 words)
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| | The Banker's Big Pay-off |
| | The bill was revealed during a regular BundesBank audit of Dresner's accounts. | | | With a major scandal at the BundesBank, that position and that ability may be viewed more skeptically. | | | The most recent German banking scandal - which involves the Bundesbank Governor General Ernst Welteke - may evolve into one of the country's most memorable. |
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http://www.suite101.com/article.cfm/international_trade_politics/107790
(427 words)
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| | A Concise Encyclopedia of the European Union --B-- |
| | Its former influence, however, is felt in the location of the ECB in Frankfurt and the strict controls on European government debts and deficits contained in the Stability and Growth Pact. | | | The progressive transfer of powers from national governments to the EU is likely to lead in the long run to demands for a further expansion of the revenue base, with more direct access to national taxpayers. | | | Until 1999 the most powerful official financial institution in Europe, the Bundesbank is now effectively a branch (and minority shareholder) of the European Central Bank (ECB). |
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http://www.euro-know.org/dictionary/b.html
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| | Forbes.com: Bundesbank board to mull whether to sack Welteke |
| | The Bundesbank board meeting will start at 1000 GMT without Welteke being present, but it is not clear whether there will be a decision or a public statement now or in later days, a spokesman said. | | | Welteke and the Bundesbank repaid the money on Monday, after Der Spiegel magazine reported on the bill. | | | Welteke, who is also a member of the European Central Bank's Governing Council, apologised on Tuesday for creating the impression that he had not lived up to high ethical Bundesbank standards and told Reuters he did not rule out stepping down. |
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http://www.forbes.com/markets/newswire/2004/04/07/rtr1325593.html
(669 words)
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| | Bundesbank Act (Bundesbankgesetz, BBankG) |
| | The opening balance sheet of the Deutsche Bundesbank shall be approved as at that date, the provisions of section 26 above applying as appropriate. | | | Section 26 (2) sentences 2 and 3, as amended by the Sixth Act Amending the Bundesbank Act, are to be applied for the first time to the following accounting year. | | | Not more than half of its members should be chosen from the various areas of banking, while the other members should be selected from trade and industry, distribution, the insurance sector, the professions, agriculture, and from among the ranks of wage and salary earners. |
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http://www.iuscomp.org/gla/statutes/BBankG.htm
(5664 words)
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| | Bundesbank of Germany |
| | The Bundesbank issues money and makes monetary policy by controlling short-term interest rates such as the discount rate for loans to other banks and the Lombard rate for short-term funding for business. | | | As the population ages and as more Germans live on pensions or on fixed investment incomes, the importance of price stability has become a powerful consideration for a growing sector of the electorate. | | | That sector of the electorate fully supports the Bundesbank's anti-inflationary policies. |
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http://www.germanculture.com.ua/library/facts/bl_bundesbank.htm
(757 words)
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| | RESEARCH SUMMARY |
| | In particular, the public's confidence in the Bundesbank's commitment to low inflation has allowed it the flexibility to pursue short-term objectives, such as stabilization of output or the exchange rate, without increasing the inflation expectations of the public. | | | Our formal test of whether the Bundesbank targets money therefore amounts to checking whether shocks to the expected evolution of the money stock affect the setting of the Lombard rate, holding fixed the forecast of inflation. | | | Specifically, among candidate indicators such as various short-term interest rates or measures of bank reserves, we can determine which indicators (or combinations of indicators) have the highest correlation with shocks to policy (and, accordingly, a low correlation with endogenous factors like changes in the demand for reserves). |
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http://www.nber.org/reporter/winter99/bernanke.html
(2037 words)
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| | Benchmarking Deutsche Bundesbank’s Default Risk Model, the KMV Private Firm Model and... |
| | While the purpose of the Bundesbank Default Risk Model is to decide whether a collateral is eligible for refinancing purposes, the model does this by assessing the creditworthiness of the individual borrowing company. | | | Abstract: By comparing Gini curves and Gini coefficients that are determined on the same underlying dataset, we assess the discriminative power of Deutsche Bundesbank’s Default Risk Model, KMV®’s Private Firm Model® and common financial ratios for German corporations. | | | Likewise, the goal of KMV’s Private Firm Model is to determine probabilities of default. |
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http://www.defaultrisk.com/pp_test_19.htm
(301 words)
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| | TheStreet.com: Sentiment Strengthens for Bundesbank Rate Cut |
| | He believes that Italy -- the biggest hurdle to a Bundesbank rate cut -- will soon put its political house in order and approve a 1999 budget. | | | But Tietmeyer, Duisenberg and others have voiced concern that a cut in the Bundesbank's repo rate -- now at 3.3% -- would make EMU rate convergence even more difficult for high-interest-rate nations like Italy and Spain. | | | Despite Krupp's comments and the awful IFO numbers, most economists and strategists say publicly they do not expect a Bundesbank rate cut. |
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http://www.thestreet.com/pf/int/euro/21411.html
(1011 words)
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| | Bundesbank leadership race hots up - Nov. 5, 1998 |
| | The Bundesbank says there is a standing invitation for finance ministers to attend its meetings, although they rarely do and cannot vote on interest rate decisions. | | | The Bundesbank's importance will be diluted once the European Central Bank (ECB) assumes responsibility for setting interest rates following the introduction of European Monetary Union in January. | | | Lafontaine will press council members to ease rates, according to the Financial Times. |
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http://money.cnn.com/1998/11/05/economy/buba_leader
(287 words)
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| | Bloomberg.com: Top Worldwide |
| | The Bundesbank repaid the other half of the bill. | | | The Bundesbank has taken on the government before. | | | Bundesbank spokesman Johannes Korz and Finance Ministry spokesman Stefan Giffeler declined to comment. |
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http://quote.bloomberg.com/apps/news?pid=10000006&sid=acXLlv5WNtUo&refer=home
(1005 words)
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| | International Economy, The: Cloak-and-dagger, tooth-and-nail at the Bundesbank |
| | Third, use the new Bundesbank presidency to prepare the way for large-scale sales of Bundesbank gold in order to finance major education programs that should help to secure Schroder's re-election in 2006. | | | Fourth, by sending Koch Weser or Tacke to the Bundesbank, the Schroder government broadens its options for placing another German at the ECB when its chief economist Otmar Issing steps down in 2006. | | | Welteke left voicing bitter criticism of the German government, charging in a statement issued by the Bundesbank that "the disregard for the legally guaranteed independence of the Bundesbank and its institutions goes on." |
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http://www.findarticles.com/p/articles/mi_m2633/is_2_18/ai_n6110335
(673 words)
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| | International Economy, The: Small Is Big - European Monetary Union |
| | But the ruling coalition in the ECB's Governing Council today reflects the same principles and values that motivated the Bundesbank when it was led by the likes of Karl Otto Pohl, Helmut Schlesinger, and Hans Tietmeyer--a strong anti-inflation policy, independence from outside political influences, a longer time horizon for policy, and a hard currency. | | | From a European perspective, decreasing the importance of the Bundesbank at home can only decrease the importance of the Bundesbank, and ergo Germany, in the ECB's Governing Council. | | | What was not foreseen about EMU, however, was its effect in increasing the power and influence of the smaller national central banks in the formulation of European monetary policy. |
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http://www.findarticles.com/p/articles/mi_m2633/is_2_15/ai_73232537
(1302 words)
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| | Inside the Bundesbank |
| | The Bundesbank is one of the world's most powerful and successful central banks, outstanding for its independence in the conduct of monetary policy and for its success in the achievement of relative price stability virtually throughout the post-war era. | | | Students of monetary management and the banking community throughout the world will benefit greatly from a study of this unique volume. | | | Relations between the Bundesbank and the Federal Government; B.Wahlig |
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http://www.transatlanticpub.com/cat/history/insi9882.htm
(300 words)
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| | Expatica's German news in English: Three-way battle over Bundesbank job |
| | With the Bundesbank having three times the number of staff as the Bank of England, economists believe that the institution's current imbroglio could also result in increased pressure for reform. | | | Of the three candidates for the Bundesbank vacancy, the government is thought to be favouring either | | | In the meantime, according to Rainer Guntermann, European economist with Dresdner Kleinwort Wasserstein, the risk for the government in selecting the new chief is that the markets might perceive the appointment as political. |
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http://www.expatica.com/source/site_article.asp?subchannel_id=26&story_id=6747
(750 words)
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| | Bloomberg.com: Europe |
| | The Bundesbank said in its monthly report that the German government can help avert the risk of deflation by introducing reforms to the country's social welfare system and labor market. | | | The Bundesbank said the economy, which has barely grown since a recession in the second half of 2001, is ``very muted'' at present and stuck in a period of ``persistent stagnation.'' | | | Producer prices dropped the most in 10 months in May. |
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http://quote.bloomberg.com/apps/news?pid=10000085&sid=ahmdvKrHSu3c&refer=europe
(706 words)
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| | Guardian Unlimited Politics Special Reports Bundesbank's role in ERM crisis |
| | The bank's real agenda was arguably to stall or even to hinder the realisation of European monetary union and the loss of its policy dominance. | | | However, if one compares the length and intensity of the 1989-1995 squeeze with earlier periods of deflationary politics, it is clear that rates of inflation and money supply growth were higher in 1972-75 and 1979-83, and that the Bundesbank's policies were out of all proportion to the ostensible cause. | | | The bank's public justification of its policy focused on the need to choke off the signs of accelerating inflation resulting from unification. |
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http://politics.guardian.co.uk/economics/comment/0,11268,1410653,00.html
(405 words)
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| | CNN.com - Bundesbank sees weak growth - Nov. 18, 2002 |
| | Economic growth in Germany stalled in the third quarter as Europe's largest economy struggles to recover from a bout of recession amid a bulging budget deficit and rising unemployment. | | | The government has revised its 2003 budget deficit to nearly 19 billion euros and has run afoul of the European Union for exceeding the deficit ceiling for eurozone members of 3 percent of GDP. | | | All external sites will open in a new browser. |
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http://archives.cnn.com/2002/BUSINESS/11/18/german.bundesbank
(421 words)
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| | FRB: IFDP paper - number 705 |
| | Abstract: We estimate a monetary policy reaction function for the Bundesbank and use it as a benchmark to assess the monetary policy of the ECB since the launch of the euro in January 1999. | | | We argue that these potential explanations cannot account for the difference between recent interest rates and our estimated Bundesbank benchmark. | | | We find that euro interest rates are low relative to this benchmark. |
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http://www.federalreserve.gov/pubs/ifdp/2001/705
(180 words)
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| | Each to his last, says Bundesbank - EUbusiness |
| | The Bundesbank's view is that the appropriate role for the Eurogroup is to support currency market intervention with appropriate economic and financial policy measures, particularly when the euro is weak. | | | Decisions on when to intervene in the foreign exchange markets should be left to the European Central Bank (ECB) and the Eurogroup of euro-area Finance Ministers should stay out of this process, the Bundesbank says in its latest Monthly Bulletin. | | | While the Bundesbank is for a clear division of powers between the Eurogroup and the ECB, it is not opposed to more power for the Eurogroup. |
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http://www.eubusiness.com/Finance/37330
(315 words)
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| | Germany Names Bundesbank Nominee Business Deutsche Welle 21.04.2004 |
| | Their evaluation of the economist would then be relayed confidentially to the government. | | | Weber, who is neither a member of a political party nor aligned with one, has already received backing from across party lines and from throughout the economic community. | | | He is a member of the Bundesbank research center's advisory board and had been involved significantly in various conferences, the spokesman said, according to Reuters. |
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http://www.dw-world.de/dw/article/0,,1176044,00.html
(659 words)
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| | Globeinvestor.com: Deutsche Bundesbank Selects Autonomy |
| | Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU) a global leader in infrastructure software for the enterprise, today announced that Deutsche Bundesbank, the central bank of the Federal Republic of Germany, has selected Autonomy's IDOL Server to power and advanced retrieval system for 12,000 employees. | | | Unlike other vendors, Autonomy's Intellectual Asset Protection System ensures that while they dramatically improve access to information throughout the organization, they also continue to adhere to confidentiality agreements. | | | "Deutsche Bundesbank's repeat purchase of Autonomy clearly demonstrates the business value that many financial companies derive from Autonomy's ability to understand data and form conceptual associations between seemingly disparate documents." |
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http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20040803&archive=prnews&slug=2004_08_03_03_0900_1195491
(915 words)
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| | Business Unlimited Business latest Bundesbank scorns talk of euro's failure |
| | The Bundesbank issued a statement saying finance minister Hans Eichel and Axel Weber, president of the Bundesbank, considered the euro "a unique success story and an important step in securing the future of Europe". | | | With the financial markets braced for the Netherlands to follow France with a no vote in the referendum on the European constitution, unsourced reports of a meeting between German government officials and market economists sent the euro to a seven and a half month low against the dollar of just over $1.22. | | | The German government was last night forced to deny it has been discussing the failure of the euro after reports of a top-level meeting last week inflicted heavy losses on the currency on the foreign exchanges. |
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http://www.guardian.co.uk/business/story/0,3604,1497002,00.html
(415 words)
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| | Monetarism, by Allan H. Meltzer: The Concise Encyclopedia of Economics: Library of Economics and Liberty |
| | Just as important, consumers and producers believe that the directors of the Bundesbank will not persistently exceed their monetary target. | | | The Keynesian tradition gave government the responsibility for stabilizing an unruly economy. | | | Countries like Italy, France, and Britain, with a history of inflationary policy, tie their currencies to the German mark to borrow credibility from the successful, low-inflation policies of the Bundesbank. |
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http://www.econlib.org/library/Enc/Monetarism.html
(3258 words)
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| | Deutsche Bundesbank |
| | Central Banking Systems Compared: The ECB, The Pre-Euro Bundesbank and the Federal Reserve System | | | Fifty Years of the Deutsche Mark: The Central Bank and the Currency Since 1948 | | | The Bundesbank: Germany's Central Bank in the International Monetary System (Chatham House Papers) |
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http://www.freeglossary.com/Bundesbank
(186 words)
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| | SSRN-Do Words Speak Louder than Actions? The Conduct of Monetary Policy at the Bundesbank by Pierre Siklos, Martin Bohl |
| | We argue that communication by senior central bank officials represents an instrument of monetary policy which supplements discount rate changes or announcements of target growth rates for the money supply. | | | Moreover, the communications instrument can help exlain how a central bank can deal with the uncertainties inherent in monetary policy not transmitted via frequent changes in in interest rates or money growth targets. | | | This paper proposes that an important tenet of monetary policy, as practiced by the Bundesbank, is how it communicates with the public. |
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http://papers.ssrn.com/sol3/papers.cfm?abstract_id=246837
(322 words)
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| | Bloomberg.com: Canada |
| | The Bundesbank will only sell eight tons of gold coins in the first year, Hans-Helmut Kotz, a board member of the bank, said in an interview. | | | ``From our option, 112 tons remain unused, which other banks in the euro system can now decide on,'' Bundesbank board member, Hans-Helmut Kotz, said in an interview in Frankfurt. | | | Gold prices may have also been boosted as the dollar fell for a second consecutive trading day against the euro. |
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http://www.bloomberg.com/apps/news?pid=10000082&sid=ayzkTUeJcnKc&refer=canada
(527 words)
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| | BBC NEWS Business Welteke resigns over hotel stay |
| | The Bundesbank board says Ernst Welteke's resignation is appropriate | | | The relationship of trust between the federal Finance Ministry and myself has been irreparably destroyed | | | Mr Koch-Weser was in line to become IMF managing director in 2000, but his application was blocked by the US and other countries. |
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http://news.bbc.co.uk/2/hi/business/3632871.stm
(451 words)
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| | CNN042301 |
| | The Bundesbank has loaned 1,700 tonnes, half its 3,400 tonnes reserve; the other 1,700 tonnes were swapped for gold in the U.S. reserves, requiring the change in the West Point vault from 'Gold Bullion Reserve' to 'Custodial Gold.' | | | On Page 37 on the PDF file, some numerical examples of how the accounting for gold reserves is done are given. | | | Turk goes on to establish "that the ESF has 'gold swaps' with the Bundesbank. |
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http://www.gata.org/cnn042301.html
(919 words)
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| | Deutsche Bundesbank - Fact Sheet - Hoover's |
| | With the ESCB, it participates in monetary decisions for the European Union and manages the supply of euro in circulation. | | | Deutsche Bundesbank is not your local burg's bank. | | | Deutsche Bundesbank supervises the German banking system; collects and publishes economic statistics; advises the German government on monetary policy; manages the portfolio of government employees; and represents Germany at the G7. |
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http://hoovers.com/deutsche-bundesbank/--ID__100765--/free-co-factsheet.xhtml
(242 words)
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| | EcoWin - Economic database: Deutsche Bundesbank |
| | The information provided for Germany is financial data, minimum reserves, interest rates, capital market, public finance, economic conditions, industrial production, foreign trade and balance of payments. | | | Time series from the publication "The Monthly Report" from the Deutsche Bundesbank could be accessed through this database. | | | This publication contains an overview over recent economic developments compiled by the Deutsche Bundesbank, the European Central Bank and the Federal Statistical Office. |
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http://www.ecowin.com/databases/eco/Bundesbank.asp
(122 words)
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| | TheStreet.com: Currencies: Euro Gains on Support From Bundesbank; Yen Suffering |
| | The currency has received strong backing from the Bundesbank, which is recognized in the forex world as a highly reputable source. | | | Today the Bundesbank made a strong effort to support the euro in its May report. | | | TheStreet.com: Currencies: Euro Gains on Support From Bundesbank; Yen Suffering |
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http://www.thestreet.com/markets/currency/945971.html
(550 words)
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| | NewsFromRussia.Com Former Bundesbank president takes up job at provincial Russian bank |
| | Welteke was invited in November to Tsentr-invest, which ranks 118 in Russia by capital, and was elected to the board at a shareholders meeting this week the business daily Vedomosti reported, citing a statement released by the bank. | | | Hungry to expand into the oil sector, Russian gas giant Gazprom said Friday it is still eyeing the state-owned Rosneft oil company's assets as an acquisition target, despite the two companies' scrapped merger plans More details... | | | The former head of Germany's Bundesbank, Ernst Welteke, who resigned in April last year after heavy criticism for accepting a free hotel stay from a commercial bank, has been appointed independent board member at a bank in southern Russia, Russian media reported Friday More details... |
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http://newsfromrussia.com/economics/2005/06/10/60264.html
(1793 words)
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| | Central Bank Independence, The Bundesbank Experience And The Central Bank Of The Republic Of Turkey (SMEALSearch) - ... |
| | Forthcoming as a Research Paper in Banking and Finance, Institute of European Finance, United Kingdom; 1996, and also forthcoming in Do.Dr. Yaman Aikolu'na Armaan,... | | | This paper primarily aims to investigate the concept of central bank independence as it is stated in the literature. | | | Following the theoretical approach, the true meaning of central bank independence is evaluated with special reference to the Deutsche Bundesbank, considering its well-known reputation and success as to inflation. |
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http://smealsearch2.psu.edu/19574.html
(294 words)
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| | MENAFN - Middle East North Africa . Financial Network News: Bundesbank rules out collapse of EU monetary union |
| | "German Finance Minister Eichel and Bundesbank President Weber see the euro as a singular success story and an important step towards securing the future of Europe," the spokesman added. | | | The statement came after a report in Stern magazine saying Weber and Finance Minister Hans Eichel had discussed in a meeting with others the potential collapse of the union. | | | Bundesbank rules out collapse of EU monetary union |
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http://www.menafn.com/qn_news_story.asp?StoryId=CqP0YWeientiYnej1BMrLC2jHBMTYDwXLCW
(102 words)
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| | Geldmuseum.de - Money Museum of the Deutsche Bundesbank |
| | The Money Museum of the Deutsche Bundesbank shows the fascinating world of monetary and foreign exchange policy and offers an introduction to the history of money. | | | Try your hand at controlling the money stock. | | | Lecture about the Cultural Days of the European Central Bank - PDF (11 KB) |
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http://www.geldmuseum.de/index.en.php
(137 words)
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| | BW Online May 3, 2004 An Outsider Comes To The Bundesbank |
| | Politicians and economists describe Axel Weber, 47, who was nominated by the German government to be the next head of Deutsche Bundesbank on Apr. 21, as a pragmatic economist and skilled communicator who will fiercely guard the central bank's independence. | | | Currently professor of international economics at the University of Cologne, Weber's first task will be to restore morale at the bank, which was battered by the resignation of former President Ernst Welteke following a scandal over corporate hospitality. | | | Spain's New Tack In The War On Terror |
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http://www.businessweek.com/magazine/content/04_18/b3881088_mz015.htm
(495 words)
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| | Deutsche Bundesbank - Wikipedia, the free encyclopedia |
| | The Deutsche Bundesbank (German Federal Bank) is the central bank of Germany and a part of the European System of Central Banks. | | | It was the first central bank to be given independence, with full instrument and goal independence, leading this form of central bank to be referred to as the Bundesbank model. | | | The New Zealand model, on the other hand, has a goal (i.e. |
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http://en.wikipedia.org/wiki/Bundesbank
(223 words)
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| | Europe under the Bundesbank, by Ignacio Ramonet |
| | (1) The three are, respectively, Germany& chancellor, its minister of finance and the president of the Bundesbank. | | | One might be forgiven for imagining that the recent election results in a number of countries, France and the United Kingdom in particular, combined with the fact that nine of the 15 countries of the European Union are governed by social democrats, should have made it possible to change course at last. | | | The future government of this Europe of the euro is not hard to envisage: it will be the future European Central Bank, with its foundations in the Bundesbank, and, like the latter, with its base in Frankfurt. |
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http://mondediplo.com/1997/07/ignacio
(1064 words)
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| | Bundesbank |
| | The Bundesbank was in charge of the German deutsche mark but now that the country has adopted the euro, it is part of the European system of central banking. |
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http://www.investopedia.com/terms/b/bundesbank.asp
(177 words)
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| | Welcome to XBRL |
| | Deutsche Bundesbank, the German Central Bank, is running a data pool of annual financial statements as a basis for operational comparison statistics, aggregate statistics and macroeconomic analyses; an XBRL import interface is implemented. | | | Number of organisations involved / Affected 9 Participants |
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http://www.xbrl.org/nmpxbrl.aspx?id=81
(117 words)
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