German Deputy Finance Minister Florian Toncar is crossing the wires, via Reuters, offering some comforting remarks on the country’s financial market conditions.
I don't see an immediate risk to financial stability.
We need banks that are competitive, stable and profitable.
We need more cautious fiscal policy to support ECB moves.
As of writing, EUR/USD is keeping the higher ground intact at around 1.0975, up 0.18% on the day.