German Central Bank May Need Bailout After ECB Bond Scheme Losses: Audit Office

Germany’s Bundesbank may need a bailout to cover losses from the ECB’s bond-buying program, warns the federal audit office. The report raises concerns about the impact on inflation and Germany’s public finances. The Bundesbank faces financial strain due to negative interest rates and rising bond prices. Dividend payments to the government are suspended. Thorough risk assessment and reporting are urged to mitigate budgetary risks.