Germany’s Roesler Asks Schaeuble for Privatization, Welt Says

Germany’s Economy Minister Philipp Roesler is asking Finance Minister Wolfgang Schaeuble to privatize state-owned companies to help balance the nation’s budget by 2014, Die Welt reported, citing an interview.

A commission should draft proposals by early 2013 on how to implement the plan, the newspaper cited Roesler as saying.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

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