BIS Review 104/1999  4  •  Consumer protection aspects were also taken into account in the decision on the denominations and the technical features of the euro banknotes and coins. The banknote denominations range from EUR5 to EUR500. The coin denominations are 1, 2, 5, 10, 20 and 50 cents as well as EUR1 and 2.
Since 2007, Germany’s current account surplus vis-à-vis the euro area has shrunk continuously from 4½% of GDP to 2% of GDP. As business investment in Germany is projected to pick up in 2014 and 2015, this rebalancing should continue. The progress that these abstract figures reflect is also visible in more concrete events.