German Federal Bank

US government has itself to blame for dollar strength: Bundesbank

The U.S. administration should blame itself rather than Germany for a recent strengthening of the dollar against the euro, the head of Germany's Bundesbank said on Feb. 7.

Jens Weidmann said comments by a top trade adviser of U.S. President Donald Trump that Germany was exploiting the United States and its European partners with an overly weak euro were "more than absurd." 

Italian PM Mateo Renzi tells Germany to mind its own business

Italian PM Mateo Renzi unleashed some tough criticism against Austria and Germany, during an interview on Italian TV. Renzi blasted the head of the German central bank ‘Deutsche Bundesbank’, Jens Weidmann, underlining that the ‘time they were lecturing us us is over’. ‘The director has so many problems to be concerned with.

Bundesbank report says Germans richer than ever

Greeks might be on the verge of total impoverishment, but the German households are wealthier than ever, according to report released Monday by the German central bank, the Bundesbank. The total income of Germans in the first quarter of 2015 amounted to a record 5,212 trillion euros, an increase of 140 billion in comparison to 2014.

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