The Green call for an investigation by Finance Minister Olaf Scholz (SPD) over his plans for a merger of Deutsche Bank and Commerzbank. "It's not that the Minister of Finance in the zimmert the back room of a large German Bank, and the legislature is passed over this brazenly," said the budget policy spokesman of the Greens, Sven-Christian Kindler, the daily mirror. He asked Scholz, "to explain to the budget Committee his plans immediately".More about
Deutsche Bank and Commerzbank Verdi's nothing to make of a soon-to-be-FusionRolf Obertreis
in Principle, the Green are the projects skeptical. They fear that a result of the merger of a major Bank will be forged, which will in case of doubt a risk for the taxpayer. "The lesson from the crisis is that the mega banks that are too-big-to-fail, can be a bottomless pit for the state budget." said Kindler. The Federal government is involved in the Commerzbank with around 15 per cent.