· Joachim Nagel Wiki · Deutsche Bundesbank WikiSpeech delivered at the change of office ceremony at the Regional Office in Saxony and Thuringia
Read full speech on bis.org ↗ContextSpeech in Leipzig at a change-of-office ceremony at the Bundesbank's regional office for Saxony and Thuringia; the Bundesbank is Germany's central bank and relies on its regional network.
Why it mattersNagel names geopolitical tension and weak business creation as risks for eastern Germany.
Problems raised
- Geopolitical tensions are a major risk.
- Business creation in Germany is weak.
- Regional offices must adapt.
Solutions proposed
- Mark the change of regional leadership.
- Watch geopolitical risks.
- Encourage new firms.