Domestic
Bundesbank announces cancellation of free accounts and deposits for employees and pensioners
The Bundesbank is ending free checking accounts and deposits for about 21,000 employees and retirees, leading to sharp criticism.
The Bundesbank has decided to abolish free accounts and deposits for its employees and retirees. According to various sources, this affects around 21,000 accounts that were previously maintained without fees.
The measure, linked to cost-cutting efforts, has already provoked strong criticism. Reactions to the Bundesbank's decision have come from both the affected employees and unions, which denounce the changes.