Bloomberg News

Merkel Seeks Independent Tests for Finance Products, Bild Says

March 03, 2012

German Chancellor Angela Merkel wants to create an independent tester to evaluate the quality of financial products for consumers, the Bild Zeitung reported without saying where it got the information.

The Berlin-based “Stiftung Warentest”, a self-financing tester of consumer products, may serve as a model for such a service, the newspaper reported today. Coalition leaders will discuss the proposal at a regular meeting in the chancellory in Berlin on March 4, Bild said.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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