BERLIN, Oct 13 (Reuters) - German Economy Minister Michael Glos said on Monday there were no problems with credit provisions for German industry.
Glos told journalists that state lender Kreditanstalt fuer Wiederaufbau would be available to assist if any such problems were to arise.
Glos also said he did not expect the reduction in unemployment to continue in 2009 and that there was a need for a 'moratorium' on any new burdens on German industry -- such as the tougher environmental standards for carmakers.
(Reporting by Markus Wacket) Keywords: FINANCIAL GERMANY/GLOS tf.TFN-Europe_newsdesk@thomsonreuters.com cmr COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
Glos told journalists that state lender Kreditanstalt fuer Wiederaufbau would be available to assist if any such problems were to arise.
Glos also said he did not expect the reduction in unemployment to continue in 2009 and that there was a need for a 'moratorium' on any new burdens on German industry -- such as the tougher environmental standards for carmakers.
(Reporting by Markus Wacket) Keywords: FINANCIAL GERMANY/GLOS tf.TFN-Europe_newsdesk@thomsonreuters.com cmr COPYRIGHT Copyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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