MUNICH (Reuters) – The finance chief of Munich Re, the world’s largest reinsurer, said there must be political stability and effective government in Germany, after a row over spending and economic policy torpedoed Chancellor Olaf Scholz’s coalition.
It is “of course very, very important for us, I believe, as for the entire German economy, to have stability in the framework conditions”, Christoph Jurecka said on Thursday after the German group reported its quarterly results.
“In this respect, we have a great interest in having a powerful government as quickly as possible.”
(Reporting by Joern Poltz, Writing by Rachel More, Editing by Miranda Murray)