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Minister calls again reducing the state banks

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2010-09-19_rainer brüderle_ddp BERLIN (Dow Jones ) – Federal Minister Rainer Brüderle (FDP ) has once again for a reduction in regional banks Germany to a maximum of two institutions expressed. "A Land consolidation is overdue. ( Reuters photo 🙂

As an umbrella institutions for the savings banks are a maximum of two state banks adequately , "affirmed Brüderle in the " Bild am Sonntag " statements in the spring in an interview  Dow Jones Newswires had made : " The states should Force have to agree to such a reform. "
The Minister also requested that the State in no later than four years his commitment to Commerzbank ended: "If we in Commerzbank on a drop billions of € evading their legal capacity would be cut massively. The State but must be within three to four years from the Commerzbank . Get off "

In the Hypo Real Estate was the situation " more complicated " Brüderle Sun : "At the height of the problem but I find it hard to a to designate specific time period. The exit is somewhat longer take as at Commerzbank. "

Website: www.bild.de

DJG / rio / sh