Bundesbank’s Buch calls for three-pronged reform effort

Bundesbank vice-president says policymakers should tackle “excessive” risk-taking

Claudia Buch

The vice-president of the Deutsche Bundesbank has said the 2007 financial crisis still casts “long shadows” over growth and unemployment, emphasising the need for financial sector reform.

In a prepared statement for a panel at the Rencontres Economiques d’Aix-en-Provence, Claudia Buch says ”complete protection” against fluctuations from financial markets is not possible, and would actually “impair” critical market functions in terms of allocating resources.

“Answering the question of how

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.