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Scholz, I don't see the risk of a financial crisis, safe deposits

2023-03-16T22:25:30.631Z


"The deposits of German savers are safe". (HANDLE) (ANSA) - BERLIN, MARCH 16 - "The deposits of German savers and savers are safe". The German chancellor, Olaf Scholz, does not believe that, after the bankruptcy of SVB and the turbulence that hit Credit Suisse, Germany and Europe are at risk of a financial crisis. "I don't see this danger. The monetary system is not as fragile as it was before the 2008 financial crisis," he replied speaking to the


(ANSA) - BERLIN, MARCH 16 - "The deposits of German savers and savers are safe".

The German chancellor, Olaf Scholz, does not believe that, after the bankruptcy of SVB and the turbulence that hit Credit Suisse, Germany and Europe are at risk of a financial crisis.

"I don't see this danger. The monetary system is not as fragile as it was before the 2008 financial crisis," he replied speaking to the Handelsblatt.

"We live in a completely different time," he added.

Already in recent days the Bundeskanzler has noted the reaction speed of surveillance in the USA, Switzerland and in Germany itself.

(HANDLE).


Source: ansa

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