· Joachim Nagel Wiki · Deutsche Bundesbank WikiWhy do we need Europe?
Read full speech on bis.org ↗ContextSpeech at the annual summit of the Stern Stewart Institute in Elmau, Bavaria; the Bundesbank is Germany's central bank within the euro system and argues for European answers to global challenges.
Why it mattersThe Bundesbank president argues that Germany's interests are best served as part of Europe.
Problems raised
- Significant change and geopolitical risks.
- Global challenges need global answers.
- Capital markets remain fragmented.
Solutions proposed
- See Germany as part of a European team.
- Pursue multilateral solutions.
- Advance the capital markets union.