German Finance Minister: We need a strong banking industry for our economy
Reuters
Published Nov 16, 2018 09:46AM ET
German Finance Minister: We need a strong banking industry for our economy
FRANKFURT (Reuters) - Finance Minister Olaf Scholz said on Friday that Germany needed a strong banking industry for its economy and added that Europe was better positioned for any possible financial crisis than it was a decade ago but still had a lot to do.
Scholz, speaking at a banking congress in Frankfurt, said Germany was close to developing a solution on a joint euro zone budget and he assumed that solution would be acceptable for other countries.
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Written By: Reuters
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