Germany’s Cash Cushion Is Down by €135bn in Just 3 Months
- German government deposits with Bundesbank decreased by another €24.1 bn (-17.20%, Δ 1 week) to a total of €116.0 bn.
- This is the lowest level in over 2 years (since 08.05.2020).
- Since its seasonal high of €251bn mid-June Germany’s cash position has more than halved or declined by €135bn.
Stay tuned on Germany’s cash development in real-time HERE.