German Banks Call for Bold Reforms to Unlock Mittelstand Investment
The head of Germany’s Savings Banks Association (DSGV) says the country’s Mittelstand—its small and medium businesses—has the financial strength to invest more. But they hold back because reforms are lagging. Ulrich Reuter told Reuters the Mittelstand boasts solid equity, stable finances, and ready liquidity. He argued that what’s missing are structural changes to boost confidence…