Can a new government reform German finance?


October 28, 2021, 9:00 AM to 10:00 AM EDT
Virtual Event

Nicolas Véron (PIIE), Martin Hellwig (Max Planck Institute and University of Bonn) and Katharina Gnath (Bertelsmann Stiftung)

Event Summary

The German financial system has had its share of dysfunction in recent decades, such as the prudential and conduct challenges affecting regional banks (Landesbanken), several commercial banks, and more recently, the Wirecard payments company and Greensill Bank. Even so, German financial reforms have been less comprehensive than those in most other European countries. Can the forthcoming coalition government change the status quo?

Joining this episode of Financial Statements were:


Nicolas Véron
Senior Fellow, Peterson Institute for International Economics (PIIE)


  • Martin Hellwig
    Director Emeritus, Max Planck Institute for Research on Collective Goods
  • Katharina Gnath
    Senior Project Manager, Bertelsmann Stiftung



About This Series

Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.