German Federal Chancellery says financial industry underpins Germany's growth - Speech Brief
20 April 2026 16:14 UTC · German Federal Chancellery · German Chancellor Speech · Source · Email X Link

German Federal Chancellery says financial industry underpins Germany's growth

Key points

  • Financial industry forms foundation for growth and viability
  • Government seeks competitiveness improvements and capital market expansion

TL;DR

  • Federal Chancellor Friedrich Merz emphasized that the financial industry creates the foundation for growth and a country's future viability.
  • Merz praised banks' role in mobilizing private capital, financing companies, opening capital markets, and securing jobs in Germany.
  • The federal government wants to improve competitiveness via lower energy costs, lower corporate taxes, less bureaucracy, targeted investments, social security reforms, and to expand corporate financing to be more capital market-oriented.
Original text

Die Finanzindustrie schaffe die Grundlage für Wachstum und für die Zukunftsfähigkeit eines Landes. Das betonte der Kanzler in seiner Rede. Foto: Bundesregierung/Tobias Koch Beim Jahresempfang des Bundesverbandes deutscher Banken in Berlin würdigte Bundeskanzler Friedrich Merz die Bedeutung der Finanzindustrie für Deutschland. Für Deutschland spielen Banken eine wichtige Rolle – vor allem bei der Mobilisierung von pri...

Entities