Bloomberg News

Merkel Says She’s a ‘Great Advocate’ of More Market Regulation

January 09, 2012

Jan. 9 (Bloomberg) -- German Chancellor Angela Merkel said that she’s a “great advocate” of more regulation in financial markets.

In a speech to the IHK trade chambers in Dusseldorf today, Merkel said that she can’t be satisfied with the level of reglulation achieved so far.

Europe must assert itself in the global marketplace as competition becomes much harder, she said.

To contact the reporter on this story: Jeff Black in Frankfurt at

To contact the editor responsible for this story: Alan Crawford at

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