BERLIN (Reuters) - Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the country should not come to rely on extending aid measures, speaking at an economic conference on Thursday.
BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the country should not come to rely on extending aid measures, speaking at an economic conference on Thursday.
“At some point, even Germany will run out of ways of explaining this to the capital market in such a way that the capital market believes in Germany’s debt capacity,” Sewing said at the event, hosted by the Sueddeutsche Zeitung newspaper.
In his view, the key issue for German companies was whether they could access secure and competitive energy supply.
(Reporting by Marta Orosz, Writing by Rachel More; Editing by Paul Carrel)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: