Bloomberg News

German Rescue Fund Period Shouldn’t Be Limited, Bundesbank Says

January 23, 2012

Jan. 23 (Bloomberg) -- The reactivation of Germany’s Soffin bank rescue fund shouldn’t be limited to one year, Bundesbank Vice President Sabine Lautenschlaeger said today at a parliamentary budget committee meeting in Berlin.

“Given that no one knows where the markets will go, I don’t consider a limitation to be appropriate,” she said in response to questions from lawmakers.

To contact the editor responsible for this story: Nicholas Comfort at ncomfort1@bloomberg.net


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