Germany Got $1 Trillion for Free, Deutsche Bank Chairman Says
Lawmakers at the Bundestag in Berlin.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Germany is getting €1 trillion ($1.1 trillion) in additional funding virtually for free after bond markets reacted positively to its “historic” spending bill, Deutsche Bank AG Chairman Alexander Wynaendts said.
Now it needs to spend the money wisely and advance structural reforms to ensure it stays that way, Wynaendts said on Thursday at a panel discussion organized by the Institute of International Finance.