BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the country mustn’t come to depend on extending aid measures, speaking at an economic conference on Thursday.
“Sooner or later, even Germany will run out of how of explaining this to the capital market in such a way that the capital market believes in Germany’s debt capability,” Sewing said on the event, hosted by the Sueddeutsche Zeitung newspaper.
In his view, the important thing issue for German firms was whether or not they could access secure and competitive energy supply.
(Reporting by Marta Orosz, Writing by Rachel More; Editing by Paul Carrel)
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