Munich Re stresses importance of effective German government after coalition meltdown

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)

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