Bloomberg News

Barthle Says New German Bank Crisis Unlikely, Passauer Reports

June 06, 2012

Norbert Barthle, budget spokesman for Merkel’s Christian Democrats in parliament, said he doesn’t regard a new banking crisis in Germany as likely even after Moody’s Investors Service downgraded the credit ratings of German lenders including Commerzbank AG, Passauer Neue Presse reported today, citing an interview with Barthle.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus