German Finance Minister Calls for Reassurance After Turmoil in German Stock Markets

Industry

German Finance Minister Christian Lindner called for reassurance after the turmoil in stock markets that erupted last week. Lindner described the current situation in press statements as "not a systematic crisis," adding, "however, we have all the necessary tools to deal with such a matter." He called for patience and self-control in the stock market, noting that there are constant fluctuations and collapses. The stock markets experienced a sharp decline as anxiety surged, with many stock prices plummeting. Analysts linked the turmoil to growing fears of a potential recession in the US and escalating tensions in the Middle East, although the situation had stabilized and the markets had calmed by the end of the week. Source: Qatar News Agency