November 16, 2018 / 2:47 PM / a month ago

German finmin: We need a strong banking industry for our economy

FRANKFURT, Nov 16 (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.

Reporting by Tom Sims Writing by Michelle Martin Editing by Thomas Seythal

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below