Statements by the German Savings Banks

The German Savings Bank Association speaks up for savers in Germany and in particular for customers of the Savings Banks Finance Group. We care about the economic development in Germany and its regions, in Europe and worldwide. Our experts regularly contribute to current economic, fiscal, and political discussions. Read our positions below.


Chief Economists

Fresh Challenges for Monetary Policy (04.04.2023) 359,32KB Fiscal policy in challenging times (07.02.2023) 372,41KB Green Transformation in Challenging Times (20.11.2022) 411,33KB Banking Market Germany: Regulation with a Sense of Proportion! (18.05.2022) 257,34KB Monetary policy: Preventing entrenched Inflation! (05.04.2022) 554,80KB Debt in Europe: Challenges and Policy Options (07.12.2021) 485,26KB Cryptoassets - Weighing the opportunities and risks (05.11.2021) 432,96KB Strengthening private and public investment - overcoming the crisis sustainably (16.09.2021) 920,15KB The inflation spike - Reflex or Reflation? (05.07.2021) 433,32KB Banking regulation should support the coming upswing (05.05.2021) 611,79KB Public debt out of control both in and after the pandemic? (27.04.2021) 769,54KB The RCEP – A challenge for Europe too (23.02.2021) 943,85KB Light at the end of the tunnel!? The pandemic economy (26.01.2021) 351,34KB Brexit - is there an end in sight? (30.11.2020) 479,84KB The second Covid wave is rolling: Accompany structural change with a sense of proportion! (17.11.2020) 251,99KB Trump vs. Biden - A fact check ahead of the election (02.11.2020) 550,86KB German Banking Market: Robust in the Corona Crisis (01.10.2020) 551,00KB Monetary Policy: Crisis Measures are not Permanent Instruments (29.09.2020) 444,36KB Measuring inflation in the shadow of the pandemic (29.09.2020) 620,02KB Corona: Linking stability and sustainability! (17.06.2020) 1,16MB More transparency - Essential consequence of the judgment of the BVerfG (25..05.2020) 536,51KB The Corona Shock: Economic policy requirement (18.03.2020) 627,57KB Digital central bank currency: Curse or blessing? (19.02.2020) 181,91KB Review of the monetary policy strategy: maintaining objectives and increasing flexibility (06.02.2020) 239,08KB Effects of the low interest rate policy on society (19.11.2019) 359,56KB German EU Council Presidency: Putting the focus on sustainable growth (08.03.2019) 856,65KB Using investment to meet the demographic challenge - on the way to a knowledge-based industry (10.10.2019) 243,13KB Introducing stringent taxation to stop climate change (19.09.2019) 364,57KB Libra: Regulatory intervention is called for (05.07.2019) 201,73KB High time to prepare a tiered deposit-rate system (June 2019) 328,84KB A Return to Conventional Monetary Policy (25.03.2019) 242,94KB Artificial intelligence: Growth driver of the German economy (23.01.2019) 193,22KB Economic-policy challenges facing Germany (21.11.2018) 2,01MB The Savings Banks Finance Group - Champion in the Mittelstand financing field (10.10.2018) 162,54KB Brexit-Update: Important aspects from the perspective of the Savings Banks (08.10.2018) 3,33MB Italy: Stumbling Block for the Monetary Union? (10.09.2018) 191,78KB Monetary and economic policymakers should be prepared (12.04.2018) 186,79KB Investment and Innovation for Germany and Europe (30.01.2018) 134,02KB A new approach to capital-formation policy (27.09.2017) 202,98KB Brexit - Key aspects according to the Savings Banks Finance Group (August 2017) 165,53KB Monetary Union: Providing the right impetus for stability (June 2017) 340,56KB Protectionism - A Serious Threat and an Economic Dead-End (12.05.2017) 498,15KB ECB: Mission accomplished - time now for a change of course (24.03.2017) 137,19KB

Economic Positions

Economic Update

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