Ackermann claims Europe needs firewall

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP

Josef Ackermann, CEO of Deutsche Bank AG suggests Europe should have firewall to avoid spillover from its debt turmoil. Ackermann recommends increasing the size of European Financial Stability Facility to prevent spillover if it takes place. According to Ackermann, the EFSF should be enlarged to €2 trillion; however, Ackermann did not explain the exact meaning of firewall.

Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.