This article discusses German's foreign intelligence services through the context of the Bundesnachrichtendienst (BND). Unlike other intelligence services of other nations, Germany has no separate military intelligence. The BND serves as Germany's sole foreign and military espionage agency. It also does not have an acknowledged capacity of covert operations compared to the intelligence agencies of other nations. The BND was established in 1956 as part of the West German rearmament within the NATO framework; however, by the time of its establishment the Bonn government had already abandoned its previous efforts to build a military intelligence organization from scratch and with people of its own. Because of this, the BND was under American operational control during the Cold War and German intelligence professionals have served as mercenaries for the Americans over a period of ten years, giving Americans an unique intelligence asset inside the West German government. In this article, the discussions include the evolution of the BND and the current issues faced by the German intelligence services.
Financial Inclusion and Financial Stability: Current Policy Issues