Credit mediator to be appointed in Germany to prevent another credit crunch

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Credit mediator to be appointed in Germany to prevent another credit crunch

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12-02-2009, 11:03 PM

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Credit mediator to be appointed in Germany to prevent another credit crunch

The German Government has named Joachim Metternich as the country’s new credit mediator in a bid to boost business lending. Mr Metternich, who currently heads up the public investment bank for the western German state of Rhineland-Palatinate, will take up his role in March 2010. The appointment comes after Germany’s Economy Minister, Rainer Bruederle, and German [...]

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