The Deutsche Bundesbank is the independent central bank of the Federal Republic of Germany. It has formed part of the Eurosystem since 1999, sharing responsibility with the other national central banks and the European Central Bank for the single currency, the euro. Show Eurosystem monetary policy is the Bundesbank's core business area. Its main task is to secure price stability in the euro area. This requires in-depth analyses, a long-term view and impartiality towards individual interests. The Bundesbank's stability policy also relies on support from economic, fiscal and wage policy. In addition, the Bundesbank performs other key tasks at both the national and international level. Amongst these are national supervision of credit institutions, including a role in the European Single Supervisory Mechanism, as well as the areas cash management, payment systems and financial stability. The Bundesbank is involved in many international institutions and committees that are dedicated to stabilising the financial system. Moreover, the Bundesbank manages Germany's foreign reserves, acts as the government's fiscal agent and carries out important statistical tasks. It also advises the Federal Government on issues of importance to monetary policy. The Bundesbank is headed by an executive board. Of its six members, half are nominated by the Federal Government and half by the Bundesrat (Germany's upper house of parliament), and all are appointed by the German President. The Bundesbank is independent of instructions from third parties, also from the Federal Government.
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Upgrade to remove ads Only $1.99 / month Study guides Add your answer:Earn +20 pts Q: What is true of the federal republic Germany? Write your answer... Submit Still have questions? Related questions People also asked Study Guides Germany Created By Candace Okuneva5.0 ★★★★★ 1 Review Germany Created By Gianni Wilderman☆ ☆ ☆ ☆ ☆ No Reviews Germany Created By Bradly Buckridge☆ ☆ ☆ ☆ ☆ No Reviews Germany Created By Ramon Anderson☆ ☆ ☆ ☆ ☆ No Reviews Trending Questions In the future will we live on mars? Asked By Frost FireWhy is bethlehem located where it is? Asked By Itss PearlWhat states have letter y? Asked By Wiki UserIs north mammon a real city in pa? Asked By Wiki UserStill have questions? Previously Viewed What is true of the federal republic Germany? Asked By Wiki UserUnanswered Questions What role is played by the chefs favorite dishes when the menu is written? Asked By Wiki UserWhat is the rising action of zita by arturo rotor? Asked By Wiki UserWhat is the traditional costume of pangasinan in the Philippines? Asked By Wiki UserWhen was isai tobolsky born? Asked By Wiki UserSubjectsMath Science History Business Arts & Humanities Social Studies Engineering & Technology Other Arts & Entertainment Sciences Humanities All Subjects Top CategoriesAlgebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics ProductBlog Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ CompanyContact Us Terms of Use Privacy Policy Disclaimer Cookie Policy IP Issues Made with 💙 in St. Louis Copyright ©2022 System1, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers. Was east Germany part of the soviet union?The DDR was established in the Soviet zone, and although it was technically an independent state, it maintained close ties to the Soviet Union and was part of the so-called Eastern Bloc. Many in the West viewed the DDR as nothing more than a puppet state of the Soviet Union for the entirety of its existence.
Why is Germany called a federal republic?By the terms of the Basic Law, the Federal Republic of Germany was established with its provisional capital in the small city of Bonn. The West German state took shape as a federal form of parliamentary democracy. An extensive bill of rights guaranteed the civil and political freedoms of the citizenry.
Which is true if the first leader of the Federal Republic of Germany?Konrad Adenauer, (born January 5, 1876, Cologne, Germany—died April 19, 1967, Rhöndorf, West Germany), first chancellor of the Federal Republic of Germany (West Germany; 1949–63), presiding over its reconstruction after World War II.
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Which is true of the federal republic of germany apex
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