2008年的美国次贷危机,以及2010年从希腊开始蔓延的欧洲主权债务危机,对全球政治、经济以及金融领域都产生了深远的影响。德国作为解决欧债危机的主角,其金融领域自危机爆发以来也经历了各种变革。本文分析了德国金融市场,特别是债券市场以及由此而引发的德国房地产市场所经历的发展和变化,同时,本文还阐述了德国金融监管在这段时间里所经历的变革。在此基础上,本文分析了当前的形势,并展望了未来发展趋势。
The U.S.subprime mortgage crisis in 2008 and the European sovereign debt crisis, starting from Greece in 2010,generated great impact in the global political, economic and financial field.Being a leading role in solving the problem of the debt crisis, Germany experienced various changes in financial areas since the outbreak of the crisis.This paper describes the developments and changes in the German financial markets, especially in the bond market and property market.It also analyzes the German financial regulatory reforms during this time, including the current financial reform.An outlook on the future development is also given at the end of the paper.