Bloomberg News

Bavaria’s Seehofer Warns Against Fiscal-Pact Delay, Bild Reports

June 23, 2012

A delay in Germany’s ratification of Europe’s permanent bailout fund would send a “fatal signal” to markets, Bavarian Prime Minister Horst Seehofer told Bild am Sonntag newspaper in an interview.

Seehofer repeated that the federal government should boost funding in certain areas, including a 1.5 billion-euro ($1.9 billion) increase in next year’s transport budget, in exchange for states’ support for the European fiscal pact, Bild said in an e-mailed preview of an interview to be published tomorrow.

To contact the reporter on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net


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